Sydney Sweeney’s X account hacked to promote crypto memecoin
The X account of American actress Sydney Sweeney was hacked with now-deleted posts promoting a crypto token bearing her name in an apparent pump-and-dump scheme.
The Solana-based token SWEENEY amassed over $10 million in trading volume within two hours of its launch on July 2, bolstered by several promotional posts made from Sweeney’s X account.
“Well I think it’s time… $sweeney is now live 100mc incoming,” said one of Sweeney’s now-deleted X posts shared online, which Cointelegraph could not independently verify.
SWEENEY’s price dropped nearly 90% in a little over an hour starting at 6:15 pm UTC, though it has partially rebounded since then. Its market cap currently sits at $1.2 million, down from its peak of $3.85 million, DEX Screener data shows.
The administrator of a Telegram channel linked to the token, which was shared on Sweeney’s X account, seemingly took credit for the hack.
In now-deleted posts , they claimed they were also behind recent X account hacks on rapper 50 Cent and ex-pro wrestler Hulk Hogan used to promote similarly faked tokens. They added they would soon target a celebrity even more “popular” than Sweeney but did not give specific details.
It’s the second time Sweeney’s X account has been hacked to promote a crypto token. In January, her account was breached, with hackers promoting the Solana token MILK, which currently has a $1 million market cap.
The hack comes after several minor celebrities have turned to promoting crypto tokens .
Related: Vitalik Buterin slams celebrity memecoins
Media personality Caitlyn Jenner and rapper Iggy Azalea both launched and backed Solana-based memecoins, which they say initially involved memecoin collaborator Sahil Arora .
American rapper “Rich the Kid,” Nigerian singer David Adedeji Adeleke Oon and boxing legend Floyd Mayweather were among the other celebrities that had token launches promoted from their X accounts.
Azalea’s MOTHER token was the best-performing celeb token of the lot, reaching a market cap of $148.9 million at its peak.
However, nearly $100 million has been shaved from its market cap since, CoinGecko data shows .
Magazine: 5 dangers to beware when apeing into Solana memecoins
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will Litecoin Lead the Next Wave of Altcoin ETFs?
![](https://img.bgstatic.com/multiLang/image/social/c5084abc8cf681d4e221c463c5c992821739979848594.jpeg)
Surge in Stablecoin Minting: $USDT & $USDC on the Rise
Over $1.25B in $USDT & $USDC was minted in 11 hours, with Tron & Solana leading while Ethereum sees minimal activity.Tron & Solana Take the LeadEthereum’s Declining Role in Stablecoin Minting
![](https://img.bgstatic.com/multiLang/image/social/19e1c5e5b23c114c6e8ab1e08d39d1331739978516919.jpg?resize=390,220&ssl=1)
Bitcoin’s Five-Week Decline: A Bullish Reversal Ahead?
Bitcoin hasn’t seen five red weeks in a row since the bear market. Could the trend shift bullish next week?Bitcoin’s Five-Week Decline: A Sign of Reversal?Historical Trends and Market SentimentIs a Rebound Coming?
![](https://img.bgstatic.com/multiLang/image/social/76913a1eafd5f8a0176be55d16673b7b1739978516718.jpg?resize=390,220&ssl=1)
Bitcoin’s Fibonacci Extension Points to $200K Target
Bitcoin’s Fibonacci extension signals a $200K target, with institutions heavily accumulating for the next major expansion phase.Bitcoin’s Price Is Mid-Channel, Not ToppingInstitutional Investors Are AccumulatingFibonacci’s Role in Bitcoin’s Cycles
![](https://img.bgstatic.com/multiLang/image/social/c0cf8614d89014ce159c54e313d36d081739978516129.jpg?resize=390,220&ssl=1)
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)