X suspends account that let users launch memecoins from an X post

The "makenowmeme" account on X purportedly provided a way for X users to create memecoins on Solana with a simple post.

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Elon Musk’s micro-blogging site X has suspended an account that enabled users to create memecoins with a single post on the social media platform.

An account called “makenowmeme” with 15,000 followers has suspended the platform for purportedly violating its rules, users on X discovered on Aug. 2.

On its website, the purported owners of the account stated that they are now looking to restore it, and minting was paused for now.

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