Tag: crypto projects

In a cautionary echo for crypto investors, popular commentator Zachxbt’s recent tweet shines a spotlight on the potential perils of influencer-driven project hype. The tweet, referencing “shilling” by multiple influencers coinciding with a project launch, comes on the heels of several promotional tweets for the nascent SatoshiVM project. This raises important questions about the project itself and the pitfalls of blindly trusting celebrity and influencer endorsements in the volatile world of cryptocurrency.