Imagine someone sneaking into a company's social media account! That's what seems to have happened to Semler Scientific. Someone posted about a new cryptocurrency, SMLR, built on Solana.
This new coin promised easy access to Bitcoin but on a faster, cheaper system. Lots of the new coins were quickly sent to big cryptocurrency trading sites.
This caused a wild ride for the coin's price. It shot up 300% at first!
- A new cryptocurrency, SMLR, appeared on Solana.
- It was linked to Semler Scientific's social media account, which might have been hacked.
- The coin's price went up a lot, then crashed.
| Fact | Number |
|---|---|
| Initial price increase | 300% |
| Price drop from peak | 77% |
| Blockchain used | Solana |
