The excitement surrounding open-source artificial intelligence (AI) is at a fever pitch, but alongside the increased attention, malicious actors are finding efficient avenues to create scams. Miniperplx AI, or MPLX, is one of the more drastic examples of this scamming technique. The token launched on PumpFun and surged by over 6000x from its launch price to a $25 million market capitalization in just 15 minutes before plummeting more than 99%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io