TRUMP Coin Surges 20%, Then Nukes Back Amid Fake News 💥
TRUMP Coin experienced a dramatic 20% surge followed by a steep drop due to fake news. The incident was triggered by a hack of DBnews, a prominent crypto news outlet. The hacked account falsely claimed that the $TRUMP memecoin had real utility. On-chain analytics from Lookonchain revealed that a trader, reacting to the fake news, hastily created a new wallet and made transactions based on the misinformation.
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