{"id":626530,"date":"2024-06-27T01:00:27","date_gmt":"2024-06-27T01:00:27","guid":{"rendered":"https:\/\/www.wncen.com\/?p=626530"},"modified":"2024-06-26T15:17:00","modified_gmt":"2024-06-26T15:17:00","slug":"master-of-scams-metallicas-hacked-x-account-promotes-solana-token","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/news\/master-of-scams-metallicas-hacked-x-account-promotes-solana-token\/","title":{"rendered":"Master Of Scams: Metallica\u2019s Hacked X Account Promotes Solana Token"},"content":{"rendered":"

Nearly a month after Caitlyn Jenner launched her JENNER token, the celebrity memecoin frenzy continues. This time, iconic heavy metal band Metallica joined the list of public figures involved with Solana tokens. However, the band\u2019s participation in the crypto industry was yet another X account hack targeting investors.<\/p>\n

Related Reading: Will Bitcoin Have A \u2018Red Monday, Green Week\u2019? Analyst Sets $63,500 Target<\/a><\/div>\n

Solana-Based METAL Takes Over Crypto<\/h2>\n

The iconic heavy metal band Metallica recently announced a collaboration with the popular videogame Fortnite. The collaboration seemingly aims to bring the band\u2019s music to a new demographic of music enjoyers.<\/p>\n

Nonetheless, the announcement was eclipsed by the Metallica X account\u2019s failed \u201cattempt\u201d to \u201cjoin\u201d a different community. On Tuesday night, the account shared a post offering a Solana-based token<\/a> to their fans.<\/p>\n

\"solana\"
Metallica’s hacked account promotes METAL token. Source: @Richardswo on X<\/a><\/figcaption><\/figure>\n

The post announced the launch of METAL, an alleged collaboration between the band and Ticketmaster. The token was described as a \u201cdynamic new token on the Solana blockchain poised to revolutionize how you experience events and online shopping.\u201d<\/p>\n

Unlike other celebrity memecoin scams<\/a>, the token offered utility from the get-go. Users who used METAL to buy concert tickets would receive exclusive Ticketmaster discounts of up to 25%. METAL holders would also get the chance to win free tickets through \u201cexclusive airdrops.\u201d<\/p>\n

The X posts announced three signed \u201cinsanely rare Metal Token Xbox Series X consoles\u201d for the token holders. Additionally, it promised the METAL token would \u201cseamlessly integrate into your shopping experience, powered by the reliability of Solana for effortless transactions.\u201d<\/p>\n

\"sol,
Solana (SOL) is trading at $139 in the three-day chart. Source: SOLUSDT on TradingView<\/a><\/figcaption><\/figure>\n

Master Of Tokens Or Master Of Nothing?<\/h2>\n

Metallica fans and crypto investors quickly became wary of the posts. Users began debating whether the announcements were fake and if the account had been hacked. One X user suggested<\/a> the band would not \u201cruin their reputation by launching a shitcoin\u201d and rugging it.<\/p>\n

Despite the user\u2019s initial suspicion, several users fell into the meticulously planned scam<\/a>. As a community member pointed out, the graphics for the posts, and the posts themselves, were \u201cpretty well done.\u201d The attackers also assured users that METAL was not a scam and the band was \u201cin it for the long haul.\u201d<\/p>\n

The hacker also claimed that the crypto payment company MoonPay was collaborating with the band. However, the company quickly denied<\/a> their involvement, stating that the responsible for the hack was not the master of puppets but the \u201cmaster of scams.\u201d<\/p>\n

As an X user pointed out<\/a>, the Solana-based token\u2019s market capitalization surpassed $2 million. However, it quickly plummeted after the band recovered access to the X account and deleted the promotional posts.<\/p>\n

Related Reading: Fact Or Fantasy? Decoding The Bitcoin Rainbow Chart\u2019s $250,000 Prediction<\/a><\/div>\n

Nonetheless, one investor managed to become a master of tokens. Online reports revealed<\/a> that a trader turned a $3.380 investment into $24,600. The \u201clucky\u201d investor bought the tokens at a $50,000 market cap and sold at the high of the scam.<\/p>\n

As of this writing, the token is trading at $0.00002031, a 99.3% decrease from its highest price of $0.003353. Furthermore, METAL\u2019s market cap is $20,000, representing a 9000% drop.<\/p>\n

\"Solana,
METAL’s performance since its launch. Source: DexScreener<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Nearly a month after Caitlyn Jenner launched her JENNER token, the celebrity memecoin frenzy continues. This time, iconic heavy metal band Metallica joined the list of public figures involved with Solana tokens. However, the band\u2019s participation in the crypto industry was yet another X account hack targeting investors. Related Reading: Will Bitcoin Have A \u2018Red Monday, Green Week\u2019? Analyst Sets $63,500 Target Solana-Based METAL Takes Over Crypto The iconic heavy metal band Metallica recently announced a collaboration with the popular videogame Fortnite. The collaboration seemingly aims to bring the band\u2019s music to a new demographic of music enjoyers. Nonetheless, the announcement was eclipsed by the Metallica X account\u2019s failed \u201cattempt\u201d to \u201cjoin\u201d a different community. On Tuesday night, the account shared a post offering a Solana-based token to their fans. The post announced the launch of METAL, an alleged collaboration between the band and Ticketmaster. The token was described as a \u201cdynamic new token on the Solana blockchain poised to revolutionize how you experience events and online shopping.\u201d Unlike other celebrity memecoin scams, the token offered utility from the get-go. Users who used METAL to buy concert tickets would receive exclusive Ticketmaster discounts of up to 25%. METAL holders would also get the chance to win free tickets through \u201cexclusive airdrops.\u201d The X posts announced three signed \u201cinsanely rare Metal Token Xbox Series X consoles\u201d for the token holders. Additionally, it promised the METAL token would \u201cseamlessly integrate into your shopping experience, powered by the reliability of Solana for effortless transactions.\u201d Master Of Tokens Or Master Of Nothing? Metallica fans and crypto investors quickly became wary of the posts. Users began debating whether the announcements were fake and if the account had been hacked. One X user suggested the band would not \u201cruin their reputation by launching a shitcoin\u201d and rugging it. Despite the user\u2019s initial suspicion, several users fell into the meticulously planned scam. As a community member pointed out, the graphics for the posts, and the posts themselves, were \u201cpretty well done.\u201d The attackers also assured users that METAL was not a scam and the band was \u201cin it for the long haul.\u201d The hacker also claimed that the crypto payment company MoonPay was collaborating with the band. However, the company quickly denied their involvement, stating that the responsible for the hack was not the master of puppets but the \u201cmaster of scams.\u201d As an X user pointed out, the Solana-based token\u2019s market capitalization surpassed $2 million. However, it quickly plummeted after the band recovered access to the X account and deleted the promotional posts. Related Reading: Fact Or Fantasy? Decoding The Bitcoin Rainbow Chart\u2019s $250,000 Prediction Nonetheless, one investor managed to become a master of tokens. Online reports revealed that a trader turned a $3.380 investment into $24,600. The \u201clucky\u201d investor bought the tokens at a $50,000 market cap and sold at the high of the scam. As of this writing, the token is trading at $0.00002031, a 99.3% decrease from its highest price of $0.003353. Furthermore, METAL\u2019s market cap is $20,000, representing a 9000% drop. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":626532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[92466,92514,12029,14186,85699,16474,92655,5658,12837,83626,87684,92653,92654,83627],"class_list":["post-626530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-celebrity-memecoins","tag-celebrity-tokens","tag-crypto-hack","tag-crypto-scam","tag-memecoin","tag-metal","tag-metallica","tag-pump-and-dump","tag-sol","tag-solana","tag-solana-memecoin","tag-solana-token","tag-solana-based-token","tag-solusdt"],"acf":[],"yoast_head":"\nMaster Of Scams: Metallica\u2019s X Account Promotes Solana Token<\/title>\n<meta name=\"description\" content=\"The iconic band Metallica fell victim to an X hack 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. 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Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/www.wncen.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Master Of Scams: Metallica\u2019s Hacked X Account Promotes Solana Token","url":"http:\/\/www.wncen.com\/news\/master-of-scams-metallicas-hacked-x-account-promotes-solana-token\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/news\/master-of-scams-metallicas-hacked-x-account-promotes-solana-token\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/06\/yurii-stupen-_HJgsTqt_RM-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/06\/yurii-stupen-_HJgsTqt_RM-unsplash.jpg?fit=1920%2C1280"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["celebrity memecoins","celebrity tokens","crypto hack","crypto scam","memecoin","metal","metallica","pump and dump","sol","solana","solana memecoin","solana token","solana-based token","solusdt"],"dateCreated":"2024-06-27T01:00:27Z","datePublished":"2024-06-27T01:00:27Z","dateModified":"2024-06-27T01:00:27Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Master Of Scams: Metallica\\u2019s Hacked X Account Promotes Solana Token\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/master-of-scams-metallicas-hacked-x-account-promotes-solana-token\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/news\\\/master-of-scams-metallicas-hacked-x-account-promotes-solana-token\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/yurii-stupen-_HJgsTqt_RM-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/yurii-stupen-_HJgsTqt_RM-unsplash.jpg?fit=1920%2C1280\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"celebrity memecoins\",\"celebrity tokens\",\"crypto hack\",\"crypto scam\",\"memecoin\",\"metal\",\"metallica\",\"pump and dump\",\"sol\",\"solana\",\"solana memecoin\",\"solana token\",\"solana-based token\",\"solusdt\"],\"dateCreated\":\"2024-06-27T01:00:27Z\",\"datePublished\":\"2024-06-27T01:00:27Z\",\"dateModified\":\"2024-06-27T01:00:27Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/06\/yurii-stupen-_HJgsTqt_RM-unsplash.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/626530"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=626530"}],"version-history":[{"count":0,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/626530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/626532"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=626530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=626530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=626530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}