|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Sahil Arora: The Cryptocurrency Influencer Who Onboarded Celebrities Into Crypto
Aug 15, 2024 at 08:49 pm
Cryptocurrency influencers and celebrities continue to be controversial, mainly because of their role in token pumps. The latest figure to come under scrutiny is Sahil Arora
Cryptocurrency influencers and celebrities continue to be a controversial topic, largely due to their involvement in token pumps. The latest figure to come under scrutiny is Sahil Arora, a Dubai-based crypto entrepreneur who has become known for launching tokens that are endorsed by celebrities.
While some reports have suggested that Arora has made massive profits from these ventures, a closer examination of the evidence reveals a more nuanced picture.
2/ Sahil Arora, born in India and now living in Dubai, gained attention this cycle for onboarding celebs into crypto.
Most notably:
• Mayweather • Caitlyn Jenner • Iggy Azalea • Jason Derulo • Amber Rose • Lil Pump • Davido • Sunny Leone • Bobbi Althoff • Trippie Redd pic.twitter.com/ddXM9vRipS
— Bubblemaps (@bubblemaps) August 14, 2024
Breaking Down the Sahil Arora Investigation
Blockchain analysis firm Bubblemaps initially reported that Arora has made $26.4 million from his celebrity-endorsed token launches so far in 2024.
However, prominent crypto investigator ZachXBT quickly raised concerns about this claim, estimating that Arora's actual earnings are likely much lower, possibly in the range of $2-3 million at most.
Ya I found the issue with your investigation @bubblemaps you counted this address as Sahil’s when in reality it is an exchange hot wallet for Poloniex.
7Ci23i82UMa8RpfVbdMjTytiDi2VoZS8uLyHhZBV2Qy7
Not sure how you arrived at the conclusion this was his normal address since… pic.twitter.com/px3w88sYM2
— ZachXBT (@zachxbt) August 14, 2024
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Rollblock (RBLK) Crypto Presale Surges to a 170% High in September, Outperforming BNB and DOGS
- Sep 21, 2024 at 04:26 pm
- GambleFi crypto presale sensation Rollblock is smashing past all analyst estimates after its native token, $RBLK, turned on the heater with a 170% gain since launching.
-
- The Claim-and-Provide-Insurance Approach: New Use Cases for $WOO Airdrop
- Sep 21, 2024 at 04:25 pm
- How to qualify WOO Network Airdrop: Quick And Easy Instruction
-
- PayPal (PYPL) Unveils New Stablecoin (PYUSD) Targeting Payments, Backed by Secure Assets
- Sep 21, 2024 at 04:25 pm
- Today, we're unveiling a new stablecoin, PayPal USD (PYUSD). It's designed for payments and is backed by highly liquid and secure assets.
-
- ETFSwap (ETFS) Poised For Over 5,000X Gains As Crypto Market Rebounds
- Sep 21, 2024 at 04:25 pm
- ETFSwap (ETFS) has strategically positioned itself as a revolutionary leader in the ongoing crypto investment rebound.
-
- SUN DOG: A New Meme Coin That Aims to Explore the Viability of the TRON SunPump Platform
- Sep 21, 2024 at 04:20 pm
- SUN DOG is a meme coin on the TRON blockchain. It references dog-based memes, similar to Dogecoin or Shiba Inu coin, but instead of using humorous pictures of a Shiba Inu dog, SUN DOG praises the corgi breed instead.
-
- Rare Harry Potter theme coin sells for a tidy sum on auction site eBay
- Sep 21, 2024 at 04:20 pm
- The Albus Dumbledore 50p coin was created by the Royal Mint as part of a limited edition of Harry Potter-themed coins to celebrate 25 years
-
- Bitwise CIO: Ethereum Is the ‘Microsoft of Blockchains’
- Sep 21, 2024 at 04:20 pm
- While Ethereum, the second largest cryptocurrency network in the market, has been underperforming compared to Bitcoin, analysts still believe it might recover some ground before 2025.
-
- Solana's New 'Seeker' Smartphone Aims to Deliver a Market-Beating Web3 Experience
- Sep 21, 2024 at 04:20 pm
- With Seeker, Solana aims to take its Web3 mobile experience to new heights. It isn't Solana's first venture into Web3 mobile, but a follow-up to the Saga
-
- African Bitcoin Conference 2024 Set to Accelerate the Growth of African Developers and Cryptocurrency Adoption in Africa
- Sep 21, 2024 at 04:20 pm
- The upcoming conference in partnership with BTrust, a non-profit organisation focused on decentralizing the development of Bitcoin software will feature a day for developers across Africa.