Hulk Hogan might not be anywhere near the company ring for over a decade now, but he makes sure he stays in the headlines. It’s not always good though as The Hulkster tends to get embroiled in freaky controversies. Hogan had been an outright good guy persona in WWE and WCW but played a true heel outside the ring. Bringing back this Hulk Hogan trait, he came up with a series of cheap marketing tweets to pump up his newly minted cryptocurrency, $Hulk. He also invited a beef with rapper Iggy Azalea in so doing.
However, you won’t be able to find those tweets anymore, as they were immediately taken down. And it wasn’t his doing. His X handle has been hacked.
Hulk Hogan urged his fans not to ‘take notice of any posts’
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Hulk Hogan has cemented himself as a brand in the pro wrestling world and brought a lot of eyeballs to the business. To get a piece of the larger-than-life Holywood Hogan aura, millions flocked to buy his official merchandise and accessories, leading to an inflated revenue generation for the company. Now, to make even better use of this high-stakes image, the Hulkster made a smooth debut in the cryptocurrency coin industry. Now, today on X, some users spotted dozens of random gross tweets popping upon Hogan’s verified handle.
Some of those involved, renowned Aussie rapper, Iggy Azalea and her $MOTHER meme coin. Trash-talking to her, Hogan tweeted, ”You suck at pumping. $HULK has the real milk.” As fans have been quite accustomed to Hogan being savagely outspoken in public a lot of times in the past, they were quick to believe this overt behavior.
But the six-time WCW Heavyweight Champion promptly cleared the air via an Instagram post that reads, ”Hello family, Appreciate your love and support always, Please do not take notice of any posts posted today. They are not from me and will be promptly removed, thank you, Hulk.”
View this post on Instagram
Whether it’s a genuine explanation or just damage control, the Solana meme coin witnessed a massive dip after news emerged of Hogan’s Twitter hacking.
Hulk Hogan’s Twitter hack led to a massive devaluation in his meme coin
The Celeb meme market is on the rise currently, with people getting easy access to launch the artificial currency. To substantiate the claim, the month of May scored nearly half of a million Solana tokens formation as reported by The Block Pro. So, going with the trend, Hogan recently stepped into the lucrative marketplace with his $Hulk coin and raked in substantial profits.
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However, the recent tweet controversy triggered its trading stability. According to Geckoterminal by Coingecko, the tokens initially saw a boost in value but later bounced lower.
Step Finance’s recent data says, ‘‘HULK Solana meme coin plummeted from $17 million to $2 million in just a few minutes after he deleted tweets about the coin,”
🚨 LATEST: WWE Wrestler $HULK (@HulkHogan) Solana Memecoin plummeted from $17 million to $2 million in just a few minutes after he deleted tweets about the coin. pic.twitter.com/itv2Fxt1Op
— SolanaFloor (@SolanaFloor) June 6, 2024
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It will be interesting to see if HulkMania will continue with his new digital finance endeavor going forward or not. What’s your take on the real reason behind Hulk Hogan deleting his controversial crypto tweets? Let us know in the comments.