• 16 October, 2024
Market News

Cardi B’s X Account Promotes Meme Token Amid Hack Concerns

Cardi B’s X account recently promoted a meme token named WAP, raising concerns about a possible hack. Blockchain security firm PeckShield warned users, questioning the legitimacy of the token. Despite the post being up for over five hours, it remains active. The WAP token, inspired by Cardi B’s song, launched on Monday with a market cap of $21.6 million. Cardi B's record label, Atlantic Records, has not commented on the endorsement.

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