ZachXBT Calls Out Rekt Fencer for Allegedly Promoting Fake Meme Coin Projects, Duping Investors

ZachXBT, quite a popular crypto detective on Twitter, has called out crypto analyst and influencer Rekt Fencer for promoting fake meme coin projects

Crypto detective ZachXBT on X has highlighted the activities of crypto analyst Rekt Fenker, who is allegedly promoting meme coin scams.

According to ZachXBT, Rekt Fencer, who joined X in the current bull cycle, is now running multiple accounts. The detective claims that one of the accounts is used to share AI-generated posts and promote meme coin scams.

One X user pointed out that the person behind Rekt Fencer was also paid by Polkadot (DOT) to promote their token. Another user highlighted that Rekt Fencer previously ran a project called Dropcoin, which capitalized on the airdrop trend. The project, despite having a large following, crashed 84% within 24 hours of its launch.

ZachXBT’s Earlier InvestigationsZachXBT previously accused crypto influencer and trader Ansem of engaging in pump and dump schemes; the two engaged in a heated conversation as well. ZachXBT first mentioned Ansem while discussing Murad Mahmudov’s “Memecoin Supercycle” speech at Token 2049.

Mahmudov spoke about his strategy to make significant gains from meme coins at Token2049 and Rekt Fencer took to X to explain how this strategy can make investors millions. Mahmudov has predicted that Bitcoin will reach a valuation of $200 trillion while meme coins will be valued at $1 trillion in three years.

Read also: South Korea Investigates KOK Token Crash, $3 Billion Lost

ZachXBT connected Rekt Fencer, Mahmudov, and Ansem, while the crypto community discussed a group of influencers allegedly scamming investors using meme coin projects that are quickly abandoned after launch.

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