Sahil Arora, the man behind the majority of celebrity crypto memes, is a scammer who made at least $2 million in profit in 2024.
In exchange for 200k dollars, these celebrities simply had to publish a contract address on their social media. Once done, Sahil usually sells huge quantities of the supply using these celebrities’ followers as exit liquidity.
Since Sahil owned nearly all the supply, he would dump as soon as the tweet went live, using the celeb's audience as his exit liquidity.
He didn’t even try to hide, openly sharing his profits in a public Telegram channel
— Bubblemaps (@bubblemaps) August 14, 2024
Sahil Arora’s Celebrity List: From Caitlyn Jenner To Jason Derulo
The audacity and effrontery of this man is unmatched: after selling, he would openly share his earnings on a public telegram group.
Jason Derulo tried to justify himself on X by claiming that he, too, is a victim of Sahil. Jason Derulo is not a newbie thought. He has promoted other projects in the past. It is therefore difficult for us to believe that he was deceived in this way.
You are not sorry at all you have promoted so many crypto scams over the years I have lost track. pic.twitter.com/irJ3Cm4X48
— ZachXBT (@zachxbt) June 24, 2024
$JASON is now at a $1.3 million market cap, down from an ATH of $36.3 million, a 96% retracement. Sahil usually sells immediately after the launch, and with the low liquidity that these cryptos usually have, it is estimated that he has raised around $2 million dollars in 2024.
Be careful when buying tokens of this kind. These celebrities often receive high fees for promoting these tokens to their audiences.
Shiba ShootOut Presale Is Reaching $1 Million Milestone
Shiba ShootOut is a new Play-To-Earn that sets the famous Shiba Inu meme in a Western world where players can earn crypto while having fun.
The game is set in Shiba Gulch, a fictional Wild West-style town. In this city, players can engage in exciting battles and earn SHIBASHOOT tokens. The Shiba ShootOut team has included various earning methods, such as:
- “Posse Rewards” is a referal program to invite friends and get rewards;
- “Campfire Stories” for community building. The best stories will win prizes;
- “Cactus Staking” protocol, which boasts an impressive 1.007% annual return;
- “Lucky Lasso Lottery” is a lottery system where participants use Shiba Showdown tokens to win big prizes.
The presale has successfully raised nearly $1 million, and in this phase, the price is $0.0199 per SHIBASHOOT before the next increment.
Once the presale is concluded, buyers can claim their SHIBASHOOT tokens, which serve as the project’s main use case and can be used within the game.
The beta version of the game is already available both on Google Play and AppStore.
Explore: DOGS Telegram Bot Gears Up for Major CEX Listings After Airdrop: Here’s Everything You Need to Know
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
