BEWARE of the new biggest crypto scam of 2025
Social media influencers and accounts with big followings are using meme coins to scam people and get away with it here is how they are doing it... (I ask the moderators please leave this up).
These people may have millions of followers on TikTok, YouTube, and/or Instagram.
They promote a meme coin on their X (Twitter) page, claiming it to be completely legit. However, these accounts will always be barely used and have little to no followers at all.
You'll usually see them post things at the beginning like "supply locked", "dex paid", or "tokens burned", in order to make the project seem more real.
The way they scam is by having separate wallets or usually bundled wallets containing a very large amount of tokens early on. These wallets will gradually sell, avoiding a big obvious rug pull (like hawktuah).
After all the wallets sell off their profit the creator will either slowly stop posting about it or quickly delete it to make it look like nothing ever happened.
Not enough people will be affected to make a commotion and hurt their reputation
TLDR;
Big influencers promote meme coins on Twitter accounts that have no followers to scam people and suffer no consequences because there won't be enough people affected or enough people to notice.