Bittime - Caitlyn Jenner, former United States Olympic champion, has just become a victim of hacking. His X platform account was hacked and used to launch the "jenner" Meme Coin to the public.
This "jenner" coin experienced a significant price increase, but keep in mind that meme coins have high volatility and high risk.
"Jenner" Meme Coin Soars High
Unidentified hackers utilized Caitlyn Jenner's X account to promote and launch the "jenner" meme coin on pump.fun, a crypto asset launch platform.
The price of the coin immediately soared beyond $0.012 with a drastic increase of 19,301% in just 24 hours. This rapid price increase is often associated with speculation and " pump and dump " practices in the world of cryptocurrencies.
Check Today's Crypto Market:
| BTC/IDR | SOL/IDR |
| ETH/IDR | USDT/IDR |
| DOGE/IDR | ARB/IDR |
Suspected of Repeated Hacking
Worse yet, the search revealed surprising facts. The digital wallet address associated with the hacking of Caitlyn Jenner's X account turned out to be identical to the wallet address used in other previous account hacking cases.
The account that was previously hacked was the @kazumisworld account, which is also a well-known account on the X platform.
Warning to be alert
The launch of the "jenner" meme coin by exploiting the hacking of Caitlyn Jenner's X account raises concerns regarding cyber security and manipulation practices in the cryptocurrency world.
In addition, the extremely high price fluctuations of the “jenner” coin indicate the potential for large financial losses for investors. Therefore, investors, especially beginners, are advised to be alert and careful about investing in this "jenner" meme coin. They should do in-depth research before deciding to buy the coin.
Also Read How to Buy Crypto:
Conclusion
The hacking case of Caitlyn Jenner's X account and the launch of the "jenner" meme coin are important reminders for online platform users to always maintain the security of their accounts.
Apart from that, crypto asset investors need to be aware of the potential for fraud and market manipulation that often occurs in the crypto world. Carrying out in-depth research and analysis before investing is the key to minimizing risks and maximizing profits.
Check Crypto Prices Today:
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
Beware of "Rug Pull" Schemes in the Crypto World: Chainalysis Report Review
OMNI Token Launch Was Tarnished by Fake Rug Pull Token Action
Crypto Security Threatened, $28 Million Loss in One Week!
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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