WWE wrestler Hulk Hogan launched a memecoin named $HULK on Solana, which quickly gained a $10 million market cap. However, the coin's value plummeted from $17 million to $2 million after Hogan deleted related tweets, sparking concerns of a potential pump and dump scheme. Hogan's actions led to accusations of insider trading and rug pulling, with the token price decreasing by approximately 85% and 95% respectively. Various news outlets reported on the controversy surrounding the sudden rise and fall of the $HULK memecoin.
🚨 LATEST: Andrew Tate (@Cobratate) burned $37 million worth of @solana memecoins he received for free from fans. https://t.co/8b2bY6H3Qp
🚨 LATEST: Andrew Tate @Cobratate burned $37 million worth of @solana memecoins he received for free from fans. https://t.co/3eh6don85L https://t.co/vBkNbrxutL
'We Must Crash Solana': Andrew Tate Embarks on Meme Coin Spending Spree ► https://t.co/Q3SkfNQ0uN https://t.co/Q3SkfNQ0uN
ANDREW TATE ATTEMPTS TO "CRASH SOLANA" BY ACCEPTING TOKENS - In a flurry of tweets, @Cobratate has offered to buy and "diamond hands" hodl, and "never sell" any tokens sent to him - So far his wallet has amassed over $40,000 in different tokens he promises to hold - Tate has… https://t.co/7FJYGX3ajE https://t.co/N3fIA5jzo4
🚨HULK HOGAN MEMECOIN SCAM? | HULK TOKEN RUGGED Hulk Hogan's HULK token skyrockets to an $18 million market cap, then plummets after dozens of X posts vanish. Crypto firm Bubblemaps detected 5 wallets snagging 15% of HULK pre-promo, profiting $200K before the crash. Hogan's… https://t.co/7eykqkMWva
$HULK | A @Solana-based memecoin promoted by @HulkHogan reportedly suffered a $15M loss in MCap after the wrestler allegedly deleted his shilling posts Widely-followed journalist shared screenshots⬇️ https://t.co/RfYOazWc1K
HULK HOGAN MEMECOIN $HULK CRASHES 95% AFTER WRESTLER DELETES ALL RELATED POSTS - Hulk Hogan’s meme coin, HULK, has plummeted 95% in value, following Hogan's deletion of all related content from his X (formerly Twitter) account. - The deletion raised concerns that his account… https://t.co/tLIxJZUC9M https://t.co/CMYj0y8cLM
UPDATE: AMERICAN WRESTLER HULK HOGAN'S MEMECOIN NAMED HULK FELL 85% AFTER THE WRESTLER SUDDENLY DELETED ALL RELATED CONTENT
Legendary wrestler Hulk Hogan is alleged to have promoted $HULK, a @solana memecoin, online and then deleted the posts. The move appeared to cause the token price has decreased by ~85%. https://t.co/P7Try3LtiG https://t.co/66fKTNobAT
Hulk Hogan, an American wrestler who has won WWE championships many times, posted a Memecoin named HULK on Twitter today, suspected of insider trading. Hulk Hogan suddenly deleted all related content then, causing HULK to plummet by more than 80% in 15 minutes.
Let me tell you something, brother — Hulk Hogan claims X posts spruiking a #Solana memecoin HULK didn’t come from him, as it dumped within hours of being launched. https://t.co/ybX2NoWPzu
Did legendary pro wrestler Hulk Hogan really pump and dump a Solana meme coin Thursday? Here's what he had to say about the HULK debacle as traders commiserated about the apparent scam: https://t.co/2jtPz55Ysp
Did Hulk Hogan Really Pump and Dump a Solana Meme Coin? ► https://t.co/PxVOZySjWO https://t.co/PxVOZySjWO
Hulk Hogan Solana memecoin appears to lose $15 million in value after wrestler allegedly deletes posts promoting token https://t.co/kJYB19OyAV
In case live under a rock, more absolutely insane things happened in crypto today: - Hulk Hogan launched a memecoin called $HULK - It rocketed 500% in like 2 hours - He told Iggy Azalea that she "sucks at pumping" after Iggy said that "all these cry babies" want to suck on her… https://t.co/TSUZIhZKcq
Hey @HulkHogan. This you? https://t.co/8OAgu5Gons
Hell yeah brother! @HulkHogan https://t.co/HHVmrwz7Mn
anyone else seen the video of @HulkHogan repeatedly pulling his dick out and showing it to his daughter???? pretty fuckin' weird BROTHER 💀🤣🤣🤣 you let THIS dude rug you???????????? $HULK https://t.co/lcre6jea02
Hey @HulkHogan you better hop back in the ring brother SOMEONE TAG HIM IN
yooooo @HulkHogan a bitch
🚨 LATEST: WWE Wrestler $HULK (@HulkHogan) Solana Memecoin plummeted from $17 million to $2 million in just a few minutes after he deleted tweets about the coin. https://t.co/itv2Fxt1Op
Why did @HulkHogan delete his $HULK tweets? https://t.co/aFB6WITDOk
🚨 BREAKING: Posts and comments from @hulkhogan on @x vanished following the account's launch of the $HULK token. https://t.co/c4eBZCI0iJ
where did you go BROTHER? @HulkHogan https://t.co/G1WbfjMau8
ggs @HulkHogan you bleached-bearded homo 💀 kinda glad most of you got rekt tho 🫵😹 $HULK https://t.co/Nbhgm15C0X
So @HulkHogan mints on @solana - $HULK https://t.co/iw7uuc0A6Q https://t.co/BY3B0Jr0Vt
$HULK space tonight with my brother .@SolJakey. HH 💪🚀💪 https://t.co/fY9CFudau4
NEWS: Celebrity Hulk Hogan releases $HULK meme coin on Pump(.)fun
So @HulkHogan mints on @solana - lets fucking go! $HULK https://t.co/nuMNYN5XXN https://t.co/OV44GiGA4p
Now Hulk Hogan has thrown his hat in the celeb memecoin ring! The ticker is none other than $HULK and has a tagline "the biggest PUMP on Solana" It has already reached a $10M mc 📈 And he's actively touting it on his Twitter page (using michi memes). Things are speeding up... https://t.co/Zr3erGTZw1