Kylie Jenner Hack Sends Solana Meme Coin to $1.19M

A reported hack of Kylie Jenner's X account led to a surge in the value of the Solana meme coin 'Kylie', which briefly reached $1.19 million in market capitalization.

The incident occurred when two posts, one casual and the other directing followers to a Pump.fun profile named cutekjenner, appeared on Jenner's account, which has 39.5 million followers.

Community accounts flagged the sudden change in tone as a possible sign of a compromised account, and the two posts were later deleted.

The token's market value subsequently fell by about 68%, from $1.19 million to near $378,500, with around $6.1 million in 24-hour trading volume and liquidity standing at $58,900.