X Suspends Memecoin Creation Account Amid Growing Interest

Elon Musk's social media platform X (formerly known as Twitter) has closed an account that lets users create new cryptocurrencies, called memecoins, just by making a post.The account, named "makenowmeme," had 15,000 followers before it was suspended on August 2. X said the account broke its rules, but didn't give more details.Memecoins are a type of cryptocurrency often... source: https://www.coingabbar.com/en/crypto-currency-news/memecoin-account-suspended-on-x