Kylian Mbappe’s Twitter Hack Sparks Memecoin Frenzy and Investor Losses

• Kylian Mbappe’s hacked Twitter account promoted a fake memecoin, leading to financial chaos and controversy online.
• An investor lost over $1 million within minutes after investing in the meme coin, which plummeted shortly after.
• Other traders made substantial gains by cashing out quickly, despite the overall volatility and risks involved.

Kylian Mbappe’s Twitter account was compromised earlier today, leading to a series of controversial posts. The hacker made offensive comments about other football stars, including Ronaldo and Messi, and promoted a fake “MBAPPE” memecoin. The token’s price briefly skyrocketed before crashing within hours, resulting in significant financial losses for some investors.  

Investor Loses Over $1 Million in Rug Pull

According to Lookonchain, a blockchain transaction tracker, an investor suffered substantial losses after buying the MBAPPE coin. The investor, who created a new wallet specifically for this purchase, spent 7,156 Solana (SOL), valued at over $1 million at the time. Within an hour, the coin’s value plummeted, leaving the investor with just $9,200. The trading platform Dexscreener showed a dramatic spike in the token’s value, followed by a steep drop to zero.

Some Investors Reap Huge Profits Amid Chaos

While one investor faced significant losses, others managed to profit from the situation. As reported by WuBlockchain, a trader bought 2 SOL worth $286 of the MBAPPE token and sold it at 1,398 SOL, cashing out around $200,000. Another prominent memecoin trader made a 4,330x profit by investing 0.2 SOL ($29) and cashing out 866.13 SOL ($125,160) within three minutes. According to Lookonchain, this trader frequently invests small amounts in various meme coins and has accumulated over $126,000 in profit this month.

Hacker’s Posts Target Messi and Clubs

The hacker also posted derogatory comments about Messi, calling him a “midget,” while praising Ronaldo as the “greatest footballer of all time.” Additional posts teased a possible Manchester United transfer for Mbappe in 2028 and mocked Chelsea and Tottenham Hotspur, which were quickly deleted.