While Kylian Mbappé was resting in the early morning in Spain, his account was hacked. The world noticed when his 'X' account posted multiple messages about a cryptocurrency called '$MBAPPE.'

According to some users, the cryptocurrency surged and plummeted within minutes. Despite this, the posts remained visible (at the time of writing) on the French star’s profile. Some users even questioned whether the posts were the result of a genuine hack or if the footballer was actually endorsing the coin.

After the posts appeared, the market value of the tokens surged to tens of millions within minutes, although it quickly fell back to zero. According to various reports, a user purchased around $286 worth of tokens and sold them at the peak for a profit of about $200,000.

Is Mbappé Promoting a Memecoin?

Memecoins are a type of cryptocurrency inspired by internet memes, characters, or trends. Typically backed by enthusiastic online communities, they are designed to be entertaining and fun rather than practical. Examples include Dogecoin and Shiba Inu, which are often more associated with amusement than with real-world applications.

When Does Mbappé’s Real Madrid Play?

At the time of the incident, it was early morning in Spain, where the French footballer was resting to prepare for his match against Las Palmas.

Real Madrid is heading into their third league match of the season still searching for the best version of Kylian Mbappé. The French striker scored in the UEFA Super Cup but has yet to score in domestic competition. In two matches, he has taken nine shots, five on target, with a goal still eluding him.