A false tweet from Vivek Ramaswamy’s hacked X account falsely announced a partnership with USUAL, inciting market chaos and misinformation that suggested economic impacts.
Following the fraudulent post, the USUAL governance token surged to an all-time HIGH of 1.61 USD, reflecting a market cap close to 745 million USD, before correcting to 1.48 USD now.
Trading volume for USUAL reached 1.7 billion USD recently, highlighting a notable market response. This incident has brought attention to the Department of Government Efficiency co-led by Ramaswamy.
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