<a href="https://bitcoinworld.co.in/doja-cats-x-account-hack-leads-to-1-6m-crypto-loss-rapper-says-its-not-me-it-is-literally-an-imposter/" title="Doja Cat’s X Account Hack Leads To $1.6M Crypto Loss: Rapper Says, ‘It’s Not Me, It Is Literally An Imposter’" rel="noopener noreferrer nofollow"></a>
The X account of popular rapper Amala Ratna Zandile Dlamini, popularly known as Doja Cat, was <a href="https://bitcoinworld.co.in/doja-cat-x-account-hacked-to-shill-solana-meme-coin/" rel="noopener noreferrer nofollow">reportedly hacked</a> to promote a scam meme coin “DOJA”, resulting in investor losses of more than $1.6M.
The scam meme coin, <a href="https://twitter.com/trends_dailyU/status/1810487665575501925" rel="noopener noreferrer nofollow">named</a> “DOJA,” saw its market capitalization surge to $1.65 million following promotion through the hacked account, as per Daily Trends, a well-known source of celebrity news.&nbsp;
However, it soon crashed to a market cap of just $16,820, causing substantial losses for investors.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Doja Cat Has Been Hacked On X She Explained In New Video The Moment She Saw That Her Account Got Hacked And Spreading <a href="https://t.co/HMU9esEJol" rel="noopener noreferrer nofollow">pic.twitter.com/HMU9esEJol</a>
 — Daily Trends (@trends_dailyU) <a href="https://twitter.com/trends_dailyU/status/1810487665575501925?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 9, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
An image of the deleted scam post was shared, featuring Doja Cat in armor and encouraging followers to “buy DOJA or else.” Some other snippets of the deleted posts showed profanity used against fellow rapper Iggy Azalea, who launched her MOTHER token last month.
However, Doja Cat denied any involvement in the post, stating in a video, “It is not me. It is literally an imposter!”
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Despite <a href="https://twitter.com/hashtag/warnings?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#warnings</a> and obvious repeated occurrences, the <a href="https://twitter.com/hashtag/hack?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#hack</a> resulted in <a href="https://twitter.com/hashtag/investors?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#investors</a> losing more than $1.6 million.
 As expected, the rapper said 'It's Not Me, It Is Literally An Imposter'
 When will this celebrity-led <a href="https://twitter.com/hashtag/scam?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#scam</a> stop <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6d1.png" alt="🛑" class="wp-smiley" style="height: 1em; max-height: 1em;">?<a href="https://twitter.com/hashtag/50cent?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#50cent</a> <a href="https://twitter.com/hashtag/Hulkhogan?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Hulkhogan</a> <a href="https://twitter.com/hashtag/Davido?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Davido</a> <a href="https://twitter.com/hashtag/SEC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SEC</a> <a href="https://twitter.com/hashtag/Khamzat?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Khamzat</a> <a href="https://t.co/vC9uszNhu9" rel="noopener noreferrer nofollow">pic.twitter.com/vC9uszNhu9</a>
 — newsOcrypt (@newsOcrypt) <a href="https://twitter.com/newsOcrypt/status/1810956758258798830?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 10, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
This incident is part of a growing trend of celebrity social media accounts being hacked for promoting scam coins.
Last month, the social media account of Metallica, a renowned heavy metal band, was exploited to promote a Solana-based memecoin, leading to a market cap spike and subsequent crash.&nbsp;
The X account of rapper 50 Cent was compromised just a few days earlier to execute a cryptocurrency pump-and-dump scam.
Similarly, a Hulk Hogan-themed meme coin lost $15 million in market cap within minutes after the wrestling legend allegedly deleted social posts promoting the cryptocurrency.

Doja Cat’s X Account Hack Leads To $1.6M Crypto Loss: Rapper Says, ‘It’s Not Me, It Is Literally An Imposter’

ItsBitcoinWorld

Other articles published on Jul 11, 2024

Polkadot Decoded 2024: Uniting Innovators in Blockchain Technology

Top 5 FREE Crypto Airdrops

Bitget Lists Mocaverse (MOCA) Coin from $6 billion-valued Web3 Giant Animoca Brands on Spot Market

Polkadot Controversy Unfolds, Landwolf and KangaMoon Picked as Next Billion Dollar Projects

Portal introduces ‘PortalPay’ interoperability for blockchain gaming

Blast Crypto Price Prediction: Is This Just the Beginning?

Join our free newsletter for daily crypto updates!