Solana-based Meme Coin SCAM Surpasses $10 Million Market Cap After 8 Hours

BlockBeats News, April 28, according to GMGN monitoring, the Solana-based Meme coin Scam Altman (SCAM) went online and briefly exceeded a $10 million market cap after 8 hours, now trading at $9.82 million with a trading volume of $19.6 million.

This morning, Musk referred to OpenAI CEO Sam Altman as Scam Altman multiple times in his tweets, accusing him of stealing the results of a charity project to enrich himself with billions of dollars worth of stocks.

BlockBeats reminds users that Meme coin trading is highly volatile, heavily influenced by market sentiment and meme culture, without real value or use case. Investors should be aware of the risks.