Memecoin

ZachXBT

Baby Doge Coin

<ul> 
 <li>ZachXBT accused Ronaldinho, Amber Rose, and G Herbo of promoting memecoins, labeling them as potential scams.</li> 
 <li>These celebrities promote new crypto projects to their millions of followers.</li> 
</ul> 
Amidst the growing influence of celebrities in the cryptocurrency market, concerns over regulatory oversight and financial transparency have intensified. Renowned crypto expert <a href="https://thenewscrypto.com/crypto-community-donates-over-600k-for-zachxbts-lawsuit/" target="_blank" rel="noreferrer noopener">ZachXBT</a> has publicly criticized prominent figures like football legend Ronaldinho, American model Amber Rose, and rapper G Herbo for their involvement in promoting memecoins, which he categorizes as potential “scams.” 
The scrutiny began on June 24 when ZachXBT commented on a video of Jason Derulo promoting his new coin, JASON, accusing him of promoting various crypto scams over the years.&nbsp; 
Derulo is the latest celebrity to launch a meme coin on Solana. On Sunday, Derulo posted the address for JASON, a meme coin launched via Pump.fun. Later, he accused promoter Sahil Arora of scamming him. Some hours later, he denounced Arora on X, stating that this situation would motivate him to send this coin to the moon. Arora, as with previous coins, claims that the drama was all part of the plan.&nbsp; 
Derulo is still actively promoting JASON and has announced a reward for the best JASON memes. 
<h3 class="wp-block-heading" id="h-zachxbt-continues-celeb-memecoin-promotion-warnings">ZachXBT Continues Celeb Memecoin Promotion Warnings</h3> 
Similarly, ZachXBT pointed out opposition to Brazilian former footballer Ronaldinho’s X post related to crypto ventures, which was later deleted. The crypto expert alleges Ronaldinho’s involvement in projects accused of engaging in pump-and-dump schemes. 
The football star, known for endorsing various memecoins, including Baby Doge Coin and Kishu Inu, has recently aligned with GameFi platforms like Lingo Protocol and Base Networks, manipulating his massive social media following to promote these ventures. 
Further, ZachXBT has raised alarms about <a href="https://x.com/zachxbt/status/1805446890387128424" target="_blank" rel="noreferrer noopener nofollow">Amber Rose</a> and G Herbo, highlighting past promotions of crypto projects that have since faced accusations of fraud or misrepresentation. Amber Rose, in particular, faced criticism for her recent question to 3.15 million followers about memecoins on the Solana blockchain. That prompted ZachXBT to highlight past deleted posts where she allegedly endorsed now-discredited projects like Dragon and Wild Ape Gang NFTs. 
ZachXBT continued his accusation next to <a href="https://x.com/zachxbt/with_replies" target="_blank" rel="noreferrer noopener nofollow">G Herbo</a>. He alleging that he created a memecoin named HERBO, which purportedly turned out to be a scam, and deleted the post. Further, ZachXBT’s comment on Herbo’s post led to blocking him on social media. 
The list is not yet over. ZachXBT has been commenting on tweets from at least five celebrities who are promoting upcoming projects that he alleges could turn out to be scams, given these influencers’ history of promoting previous projects that ended up being <a href="https://thenewscrypto.com/crypto-scams-soar-fbi-reports-3-94-billion-losses-in-2023/" target="_blank" rel="noreferrer noopener">scams</a>. 
The controversy emphasizes broader concerns within the crypto community regarding celebrity involvement and the potential for market manipulation. With millions of followers at stake, the influence wielded by figures like Ronaldinho, Amber Rose, and G Herbo in the crypto space may draw attention to regulatory loopholes and investor protection. 
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ZachXBT Alleges Celebrities Memecoin Promotions as Scam

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