ZachXBT Criticizes Promotion of Low Cap Meme Coins by Influencers | Flash News Detail | Blockchain.News

ZachXBT Criticizes Promotion of Low Cap Meme Coins by Influencers

10/5/2024 5:31:40 PM

ZachXBT Criticizes Promotion of Low Cap Meme Coins by Influencers

According to ZachXBT, some large accounts in the cryptocurrency space are promoting low cap meme coins to their followers frequently because they lack a unique trading edge. ZachXBT suggests that these influencers are using their followers to gain profit, indicating that grifting has become more normalized in the current market cycle. (Source)

ZachXBT meme coins influencers

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