Doja cryptocurrency appears to have no connection with Doja Cat, but hackers took over her X account to promote the coin. The price went way up, then crashed.
The meme coin named after recording artist Doja Cat surged in value Monday when posts on her X account urged her 5.6 million followers to buy it. The ringing endorsements, however, came from hackers who had taken over the account, the singer-rapper said shortly thereafter via Instagram. The coin's value quickly sank back to the crypto equivalent of penny-stock territory, where it remained Tuesday.
Nevertheless, a number of celebrities have sought to capitalize on the phenomenon, including rapper Iggy Azalea, whose recently introduced Mother coin had a market capitalization of more than $200 million on June 8. By Tuesday, Mother's price had dropped about 85% from its June peak. Beyond the volatility of the market, meme coins based on celebrities with large followings on social media have been the target of numerous hacks like the one Monday on Doja Cat's account on X .
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Doja Cat Is Keeping Naked Dressing Alive This SummerDoja Cat’s outfit was one part practical and one part aspirational.
Read more »
American rapper Doja Cat’s X account was hacked to promote a now-collapsed tokenThe celebrity warned on Instagram that her X account — which posted multiple messages to promote a Solana-based token — was hacked.
Read more »
Investors lose $1.6M after Doja Cat’s X reportedly hacked to promote scam coinDoja Cat’s X account promoted a Solana memecoin called ‘DOJA,’ but the rapper reportedly claimed that her account was hacked.
Read more »
Doja Cat Refines Her Naked Corset Dress With a Blazer and BootsDanielle Campoamor is Marie Claire's weekend editor covering all things news, celebrity, politics, culture, live events, and more.
Read more »
Doja Cat Became the Villain at Schiaparelli Fall 2024 CoutureDoja carried a cigarette holder and wore a curicue cap to watch Daniel Roseberry's latest collection
Read more »
Jennifer Lopez, Doja Cat, Jisoo and More Celebrities at Paris Couture Week Fall 2024See photos of celebrities front row at Paris Couture Week Fall 2024 fashion shows. Stars like: Jennifer Lopez, Jisoo, Doja Cat and more.
Read more »