Meme coin Machi briefly traded above $0.0007 after multiple posts from Huang Licheng, known as Machi Big Brother, while uncertainty over whether his X account was compromised prompted caution.
Machi, a meme coin, surged after Huang Licheng, also known as Machi Big Brother, published multiple posts on X about the token. The coin briefly traded above $0.0007 and was last reported at $0.000691, up 246% on the day, according to PANews. It remains unclear whether Huang Licheng’s X account was compromised, and users were warned to stay cautious. Sudden moves tied to social media posts are common in thinly traded meme tokens, where sentiment can quickly drive price swings.