Kylie Jenner's X Account Reportedly Hacked to Push Meme Coin That Crashed 68%

Crypto Insight Summary: Kylie Jenner’s X account was reportedly hacked and used to promote a meme coin called kylie. The token’s market capitalization peaked at nearly $1.19 million before falling by roughly 68%. The posts no longer appear on the account, which has 39.5 million followers. Several other kylie tokens are now trading on the Solana (SOL) network, Crypto Insight Analysis: Direction: Bearish SOL Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Hacked promotion and subsequent crash of meme coin creates negative sentiment for Solana network.