They Hacked the X Account of the Company Founder Who Was Silently Accumulating Bitcoin (BTC)! This Altcoin First Had a Pump Then a Dump!

While scammers have been advertising memecoins by hacking into important people's accounts in recent days, the latest victim of these incidents was Semler Scientific President Eric Semler.

It was reported that the X account of Eric Semler, the president of Semler Scientific, who came to the fore with his Bitcoin investments, was hacked and he launched a Solana-based token.

The crypto community suspects that Eric Semler’s X post announcing the launch of a Solana (SOL)-based token is the result of an attack.

Accordingly, it is claimed that Eric Semler's X account was compromised and that a Solana-based token named SMLR, the trading symbol of which the company is traded on Nasdaq, was created in various posts made from the account.

Eric Semler’s X account shared a post stating that he “aims to combine institutional-level Bitcoin exposure with a high-performance ecosystem with deep liquidity and low fees by launching the token on Solana.”

This token, based on Solana and traded with the code SMLR, experienced a 300% increase after launch, but then experienced a major decline.

At the time of writing, the token, called SMLR, is currently trading down 77% from its peak.

*This is not investment advice.