• 34ºc, Sunny

Sources: The issuer of Meme coin ENRON has nothing to do with the original Enron company, and has plummeted 75% after going live.

An X platform account named @Enron issued Meme token ENRON this morning. The token has plummeted more than 75% from its peak since its launch. The account holder claims to have bought Enron's intellectual property (IP) and domain name for $275 and re-registered a company as a result. However, according to sources, the newly registered Enron has no connection to Enron Corporation, and users should be aware of risks.