**Suspected Hack of Ava Labs COO’s X Account Leads to Memecoin Posts**
The cryptocurrency community is abuzz with concerns following the suspected hack of the X account belonging to the Chief Operating Officer (COO) of Ava Labs. Unusual and unexpected activity on the account has spurred speculation, driven largely by a series of posts promoting a memecoin known as $MEME.
The suspicious posts have sparked alarm among followers and industry observers, who are now questioning the security measures in place for high-profile accounts in the crypto space. Ava Labs has yet to issue an official statement regarding the incident, but the situation is being closely monitored by both the company and its extensive community.