[Meme Coin MAX Plummets Over 86% After Musk Unfollows Account Suspected of Being Linked to His Son] BlockBeats reports that on November 12th, according to ai_9684xtpa monitoring, Musk followed the account ChainChomp131, which had only about 5,000 followers, two days prior. This account is suspected to belong to Musk's 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 MAX price has since fallen 86.4% from its peak. Furthermore, the address 9BMzT…FQdLU bought MAX at its peak and continued to buy more as the price fell, investing a total of $72,800. Currently, they are down approximately $53,900, a 70% loss in five hours. [Original Link]