Quote from: robelneo on August 28, 2025, 11:06:04 PM

People never learn; they fail to understand that popularity does not necessarily translate to profitability in the cryptocurrency market. This celebrity-based token is very similar to memes; it has no clear use case and only thrives on hype. There is no technology behind these coins in general.
We used to have a PAC token that Manny Pacquiao promoted, but it is no longer available in the market. People should be aware of the risks associated with these celebrity-based tokens.

As I mentioned in my previous post, celebrities themselves aren't aware of these scams either. Sometimes, the celebrity gets scammed by the dev team as well. In my country, a company hired a cricket player and signed a contract to be a brand ambassador. The cricketer did some promotions for the company and the company promised to do some social work on his area.

Later, the company scammed thousands of peoples. Then customer started to complain that they trusted that because of the cricketer. So people started to blaming the cricketer while the cricketer didn't even get any benefit from the company. He was a member of perliament and he asked the company to do some social work in his area in return.