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Elon Musk follows the account ChainChomp131, which has approximately 5,000 followers and is suspected to belong to his son, Saxon. Early this morning, this account launched the Meme coin MAX, whose market capitalization briefly exceeded $13 million. Musk subsequently unfollowed the account, and the price of MAX fell by 86.4% from its peak. User 9BMzT…FQdLU bought MAX at a high price and continued to add to their position, investing a total of $72,800. Currently, they are losing approximately $53,900, a 70% decrease in assets within five hours.