OnchainLens reported that SLINK saw a surge in buying interest after Elon Musk replied to a SLINK-related post on the hacked X account of Shivon Zilis, a Neuralink executive and former OpenAI board member, but its price subsequently plummeted. SLINK's market capitalization soared to about $80 million at one point before plummeting to about $2 million, representing a drop of over 97% from its peak. OnchainLens added, "The losses for four tracked traders totaled approximately $807,000."