Token Snapshot: “Becker” Scam Coin (May 15, 2025)
•Chain: Solana
•Platform: Pump.fun
•Peak Market Cap: Over $3 million
•Outcome: RUGGED
•Time to rug: Under 1 hour
•Reason for hype: Faked Becker endorsement via hacked Instagram
The Setup: Becker’s IG Gets Compromised
Earlier today, meme coin traders got hit with one of the fastest, dirtiest plays of the week. Alex Becker’s Instagram was hacked, and a story was posted showing a gold gun and a link to a meme coin no explanation, no branding, just bait.
That bait worked.
Within minutes, thousands of degens piled into the coin believing it was tied to Becker’s upcoming project. The token quickly surged past $3 million in market cap, fueled entirely by the assumption that this was “the drop.”
Becker Responds: “It’s on You”
Becker posted a response on Twitter shortly after the chaos broke out, confirming that his Instagram was compromised. He emphasized:
•His real coin would be free, whitelisted, and confirmed on all socials.
•He would own zero of the supply.
•There were multiple failsafes to prevent fakes, and this one clearly didn’t meet any of them.
•His blunt message? “If you yoloed money into non-whitelist meme, not confirmed… kinda on you.”
The Rug: Millions Lost in Minutes
The coin linked in the hacker’s IG story (still visible on-chain via Pump.fun) reached millions in volume before rugging entirely. Liquidity was yanked fast, leaving buyers with worthless bags.
It now serves as another cautionary tale: just because something goes viral doesn’t mean it’s legit.
Final Take
A hacked Instagram and some meme bait were enough to suck over $3 million into a scam.
Becker’s real coin is still coming, but this wasn’t it. The only thing this fake coin launched was another round of “use your brain” memes across CT.
Degens beware: if it’s not confirmed, it’s probably a trap.
