The Dior coin, a fake Solana meme coin promoted by a hacker on the official Dior Instagram account, has plummeted over 90% in value. The hacker uploaded a post promoting the coin, which was shared with Dior's 46.8 million followers on Feb. 19. Suspicions of a hack were quickly raised, and the post was later deleted after the account was recovered. Data shows that the coin initially saw a surge in value but has since crashed. It currently has a low liquidity and market cap. This incident follows a similar hack on Solana DEX aggregator Jupiter earlier this month.



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