Suspicious URF presale raises 2400 SOL, influencer accuses it of staying a $450K ‘scam’

  • It truly is a disgrace to see how the new URF marketing tried out to discredit Solana’s name.
  • Apparently, the URF group made use of the presale resources to dabble in meme cash buying and selling.

Because its inception in 2020, Solana [SOL] has experienced its honest share of ups and downs in the market place. Nonetheless, it has garnered significant focus more than time and is at present holding the remarkable position of #4 on CoinMarketCap.

In the most current update, Solana was valued at $188.39, showing a 3.11% increase in the previous 24 hrs. Amidst this achievements, there have been some dishonest gamers exploiting Solana’s good results.

In this light-weight, on the 3rd of April, @zachxbt took to X (formerly Twitter) to discuss the emergence of a new Solana-based mostly meme token named URF.

Dubbed as the “2D detective,” Zach lose light on the situation, stating,

“Influencer @BryceHall designed several posts promoting a shady Solana presale for a meme coin referred to as URF, aiding them raise ~2400 SOL ($450k).”

What is actually the offer with URF?

On March 20th, well-known influencer Bryce Corridor shared facts about URF’s presale on his X profile.

Having said that, just inside of 24 hrs of its launch and just after attaining money from the presale section, the group mysteriously disappeared. In addition, their social media presence has been dormant considering the fact that March 26th.

Zachxbt additional more facts, outlining, 

“Instead of using the remaining presale resources for URF, the crew selected to engage in meme coin buying and selling.”

This brought on a stir inside the neighborhood, increasing problems about the reliability and security of meme cash based mostly on Solana. 1 user merely commented

“I noticed this coming.”

Quite a few end users highlighted Hall’s monitor record of endorsing “questionable” tokens, as he was earlier uncovered selling “crypto scams” in the course of the past market place surge.

This situation delivers up the age-outdated query of irrespective of whether influencers really should be a lot more cautious about their endorsements, given the repercussions if things transform bitter.

Moreover, how a great deal religion need to investors have in what they face on the internet?

As a different person cleverly remarked,

“But your honour… I did my own analysis.”

Following: Could Solana surpass $230? Let us delve into the April price tag predictions…

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