Logan Paul allegedly helped create new \u2018Dink Doink\u2019 cryptocurrency \u201cscam\u201d Instagram: Logan Paul \/ Dink DoinkSocial media celebrity Logan Paul has allegedly been exposed in the latest cryptocurrency \u201cscam,\u201d after pushing the new \u2018Dink Doink\u2019 token to his audience while reportedly having a hand in creating it. Cryptocurrency drama continues to land many of the internet\u2019s biggest names in hot water. Just days after the backlash to FaZe Kay\u2019s involvement with the \u2018Save The Kids\u2019 token, Logan Paul has now been exposed for a \u201cscam\u201d of his own. Known as the \u2018Dink Doink\u2019 token, this new crypto coin emerged with goals of establishing a \u201cdecentralized media franchise.\u201d Through this model, those who \u2018buy-in\u2019 are granted new non-fungible tokens (NFTs) with each episode of a Dink Doink web series, a show blatantly taking after South Park. While Paul and many of his close friends have been promoting this new cryptocurrency to their fans as the next big thing, YouTube \u2018detective\u2019 Coffeezilla has allegedly revealed the \u201cmarketing scam\u201d for what it really is. this is the dumbest, most ridiculous shitcoin I\u2019ve ever seen. And that\u2019s why I\u2019m all in \ud83d\udcc8 https:\/\/t.co\/NwD0pTO4dQ \u2014 Logan Paul (@LoganPaul) June 28, 2021 \u201cThis is the dumbest, most ridiculous s***coin I\u2019ve ever seen. And that\u2019s why I\u2019m all in,\u201d Paul tweeted on June 29, the day the coin launched. \u201cThis is a s***coin I believe in,\u201d he soon followed up in Dink Doink\u2019s exclusive Telegram chat room. \u201cIt\u2019s my favorite one to be honest, it\u2019s so much more than a memecoin.\u201d It was later described as \u201cthe hottest coin of 2021\u201d by Impaulsive co-host Mike Majlak in a promotional video of his own. \u201cWith the hottest functionality, and all of the most built-in, techniques, tactics, and capabilities, Dink Doink is clear to be the hottest f***ing coin ever. We can go to the top of this whole market.\u201d Dink Doink\u2019s peak value came on the day of its public launch. Ever since, it\u2019s been on a steady decline. At the time of writing, it sits at rank #3098 on CoinMarketCap, making it one of the least valuable cryptocurrencies today. This new shitcoin that Logan Paul and his goons are promoting is owned almost completely by whales. 80% is owned by the top 100 wallets. Good job ripping off your fans fellas pic.twitter.com\/Ldf1uvp3JW\u2014 Coffeezilla (@coffeebreak_YT) June 28, 2021 While these promotional videos pushed the coin to millions around the world, Coffeezilla exposed just how involved Paul and Majlak were from day one. At Dink Doink\u2019s launch, \u201c80% [was] owned by the top 100 wallets,\u201d he revealed. \u201cGood job ripping off your fans fellas.\u201d Not only were they heavy investors, but Paul himself allegedly helped design the token. \u201cWe might as well be honest about how this came about,\u201d Dink Doink\u2019s CEO said in a podcast. \u201cI was chilling with Logan and we were like, what\u2019s the most stupidest name we can think of for a coin? Dink Doink\u2026 and it just came alive.\u201d \u201cLogan designed the character on his phone, on Snapchat,\u201d the CEO added. Ultimately, Dink Doink is \u201cjust another scam from another celebrity influencer,\u201d Coffezilla stressed. Paul is yet to comment on his reported involvement with Dink Doink\u2019s creation.<\/p>\n","protected":false},"excerpt":{"rendered":"
Logan Paul allegedly helped create new \u2018Dink Doink\u2019 cryptocurrency \u201cscam\u201d Instagram: Logan Paul \/ Dink DoinkSocial media celebrity Logan Paul has allegedly been exposed in the latest cryptocurrency \u201cscam,\u201d after pushing the new \u2018Dink Doink\u2019 token to his audience while reportedly having a hand in creating it. Cryptocurrency drama continues to land many of the […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-53943","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=53943"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/53943\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=53943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=53943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=53943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}