On August 5, Jensen Huang accidentally followed @TradeSager, a community member of the BSC-based stock meme coin RTX, on X. The token spiked 7-fold within minutes before quickly retracing, with its market cap falling to $1.51 million, according to GMGN. BlockBeats cautioned that the token's price could remain highly volatile due to community sentiment and potential follow-up actions by Huang. Investors are advised to exercise caution. The accidental follow, possibly triggered by a hashtag-related tweet or unfamiliarity with crypto community tagging rules, briefly fueled speculative trading. The episode highlights how social media actions by prominent figures can temporarily move low-cap meme tokens.
On August 5, Jensen Huang accidentally followed @TradeSager on X, an account associated with the BSC-based stock meme coin RTX. Huang may have been drawn in by a tweet carrying the RTX tag, or he may simply be unfamiliar with how crypto communities and hashtags work on the platform. Either way, the follow triggered a sharp reaction.
RTX surged 7-fold in a short burst before reversing sharply. At press time, GMGN data showed its market cap had fallen back to $1.51 million. BlockBeats warned that the token's price could swing significantly on community sentiment and any further moves by Huang. Investors should remain cautious when trading such volatile meme assets.
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