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🤑 How Much Was Kanye West Offered to Promote a Scam Meme Coin? Kanye West just revealed that someone offered him $2 million just to pretend he was hacked, helping pump the price of a scam meme coin on Solana. ⚠️ Specifically, the team behind the YE meme coin wanted Ye to post a promotional ad on social media for $750,000. Then, they would pay him an additional $1.25 million if he later claimed his account was hacked, deleted the post, and denied any involvement. The only condition? The post had to stay up for at least 8 hours before disappearing.
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Celebrity endorsements of scam coins are nothing new. Floyd Mayweather and DJ Khaled were fined by the SEC for promoting fraudulent ICOs, while Logan Paul has also been caught pushing worthless tokens that left many investors in financial ruin. Once again, this case exposes a harsh reality: in crypto, if you have influence, you can make millions with just one post. But because of this, many investors get drawn into hyped-up projects without doing proper research—only to lose everything when the bubble bursts. ⚡ To put it bluntly, meme coins are a double-edged sword. You can make quick money, but you can also lose everything overnight. If you see a coin being promoted by a celebrity, always do your own research before investing. Don't let FOMO take over and end up becoming liquidity for the whales!
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