DON'T TRUST INFLUENCERS 🚨
@Fityeth and @RichAdaDolphin hosted a twitter space yesterday with the team at @adashuffle, hyping up $BET.
During the 1:52 minute space:
@Fityeth dumped 15,898 ADA worth of $BET
@RichAdaDolphin dumped 14,545 ADA worth of $BET
I have all the receipts. In total, these "influencers" dumped on their community for over 30,000 ADA in less than 2 hours 😱
The twitter space started at 4:57pm ET on January 24th and ran 1 hour and 52 minutes.
Looking at a publicly known ADA handle ($fity.fren) on @TapTools, we can see that @Fityeth made 9 sell transactions during that time, along with some small buys
Looking at Dolphin's wallet ($dolphinshow), we see a similar story.
The vast majority of these funds did not come from their own buys, but from what look like marketing payments from the team. They are both still holding around 38,000 ADA worth of $BET each.
It also seems this isn't the first time they've done this either. It is quite clear from a quick glance they've also received funds from the $FREN team. A further investigation may be worth doing here.
Please be careful trusting influencers. Just like we've learned over the past 20 years with social media, if you are not paying for a product you ARE the product. Influencers are cashing in on YOU at your expense.
And a massive shoutout to @TapTools here. While the blockchain is already a public ledger, it can become really complicated and inaccessible really easily. TapTools has done a wonderful job of making this data easy to understand, find, and analyze. Not just for trading tokens, but for investigating blockchain activity.
A busy year draws to a close.
The Eternl team wishes everyone a Merry Christmas and successful 2024! 🎅🎄
PSA: Support on Discord will be slower in the next few days, please be patient.
Release v1.11.18: Collateral back to 5 from 3 ADA. Fixes for spending password reset.
Shout out to @FalseIdolsNFT for the #giveaway of this @Squashuaverse nft if you haven't already I think every wallet should have atleast 1 #falseidol nft show some love to builders in the space #keepitwavy