The coin was promoted via the official X-account of the nation’s Ministry of International Affairs.
Cuba apparently launched a memecoin then the devs rugged it… all this morning. Obtained as much as $30mn. Beneath tweet from their Council of International Affairs has since been deleted.More and more clear although this was a hack. – a consumer named Stats commented
Common crypto dealer Ash Crypto identified that in 24 hours this scheme was carried out for 3 property: CUBA correct, CUBA 2.0 and Justice for Cuba.
One commentator estimates that the builders have managed to launch greater than 10 cash.
Nonetheless, some customers are certain that Cuban authorities are actually behind the “official” meme-coin.
CUBA has a market capitalization of $2,8 million on the time of writing, with buying and selling quantity reaching $91 million.
Recall, on January 18, earlier than his inauguration, the official meme-token on Solana was launched by US President Donald Trump. The coin of his spouse Melania, which appeared afterwards, prompted criticism from a part of the group.