Jason Calacanis calls meme coins a ‘giant scam’
crypto.newsOlivia Stephanie
Technology investor Jason Calacanis has called meme coins a “giant scam” while warning users that he has no involvement with tokens using his name or suggesting his endorsement. Jason Calacanis has called meme coins a “giant scam” while distancing himself from token projects. Calacanis said he will never privately ask followers to buy, sell or trade financial assets. The investor said he follows Bitcoin and Bittensor but denied involvement with any meme coins entirely. Meme tokens currently carry roughly $35.9 billion in combined market capitalization, CoinGecko data shows today. Recent social account breaches have used fake celebrity-linked meme coins to target cryptocurrency traders online. Calacanis said on Sept.
Reported by crypto.news. You are reading an excerpt. The full story is on their site.
Read it at crypto.news- Filed under
- Hacks & Scams
- First seen
- Reported by
- crypto.news
Before you act on it
A listing, a launch or an airdrop is not a reason to buy. Check the contract address on the project's own site. Never sign a transaction or hand over a seed phrase to claim anything.
