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.

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

DraftKings takes on massive investment to capture prediction markets, drops over 21% after earnings.

LITE and MRVL both plummeted over 16%, with the stock-for-stock exchange discount widening to 15.2%.

$300 million long position chips exchanged, where did the whale aim the remaining bullets?

A trader who made a profit of $21.78 million in a certain year entered the market to short 30,000 ETH.