BlockBeats news, November 12, according to ai_9684xtpa monitoring, two days ago Musk followed an account named ChainChomp131 with only about 5,000 followers, which is suspected to belong to Musk's son Saxon.
In the early hours of today, the account launched the Meme coin MAX, whose market cap once exceeded $13 million. Subsequently, Musk unfollowed the account, and MAX's price has fallen 86.4% from its peak.
In addition, address 9BMzT…FQdLU chased the rally and bought in during MAX's rise, and continued to add to its position after the price fell, investing a total of $72,800, and is currently at a loss of about $53,900, with assets shrinking 70% within five hours.
