ZachXBT Criticizes Influencer for Shilling Micro Cap Coins | Flash News Detail | Blockchain.News

ZachXBT Criticizes Influencer for Shilling Micro Cap Coins

10/5/2024 6:20:39 PM

ZachXBT Criticizes Influencer for Shilling Micro Cap Coins

According to ZachXBT, there is a significant issue with influencers who have large followings, such as 500,000+ followers, promoting micro cap coins frequently. This practice can lead to followers blindly purchasing these coins, which subsequently impacts the coin prices. ZachXBT highlights specific examples like WYNN and various celebrity-endorsed coins, noting the negative financial impact on followers who suffered losses. (Source)

ZachXBT influencers WYNN micro cap coins

More from ZachXBT (@zachxbt): ZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space