X suspends account that let users launch memecoins with a tweet | Headlines | News | CoinMarketCap
08/02/2024 16:22Social media platform X has suspended an account titled MakeNowMeme, which allowed users to launch their own Solana-based memecoins from just posting …
Social media platform X has suspended an account titled MakeNowMeme, which allowed users to launch their own Solana-based memecoins from just posting a tweet on the platform. X noted on the account page that the platform suspends accounts in violation with its rules.
“The @makenowmeme X account was suspended, and we're looking into restoring it. Minting will be paused for now,” MakeNowMeme’s official website said, adding that it will provide an update on its webpage with a new solution.
MakeNowMeme let X users launch their own memecoins by posting a tweet in a certain format that begins with a dollar-sign and ticker name, followed by the name of the token and its description, optional image or video. Users needed to tag the now-suspended X handle to launch the memecoin.
Like the …