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Elon Musk (MUSK) Token Sees Massive Gains on DEXTools, But Raises Red Flags with Blacklist Function in Smart Contracts

According to DEXTools, the new meme token Elon Musk (MUSK) has a blacklist function in its smart contracts, raising some concerns. Despite this, $MUSK has seen a massive increase of almost 30,000% in value, which is likely due to low liquidity rather than real demand. The token has a DEXTscore of 86/99, approximately $133k liquidity, and a 24-hour volume of $70k. While Elon Musk has not mentioned the $MUSK token, he has engaged with another meme coin called Wall Street Memes (WSM) on Twitter.

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