• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Unraveling the SMASH Coin Debacle of Khamzat Chimaev

user avatar

by Giorgi Kostiuk

2 years ago


Unraveling the SMASH Coin Debacle of Khamzat Chimaev

The entanglement of UFC luminary Khamzat Chimaev with the ill-fated SMASH meme coin stirred controversy and scrutiny, marking a tumultuous chapter in the fighter's career.

Amidst his prolonged absence from the octagon, Chimaev delved into the crypto sphere, endorsing the SMASH coin with high hopes. However, the coin's value sank rapidly, echoing the swift defeats he often inflicts on his opponents.

The aftermath revealed glaring discrepancies, with suspicions of a pump-and-dump scheme surfacing. ZachXBT's investigative prowess shed light on dubious wallet activities, hinting at a coordinated effort to manipulate the coin's market performance.

Chimaev's crypto misstep dealt a blow to his credibility, prompting the deletion of all cryptocurrency-related content. As speculation lingers on the postponed clash between Chimaev and Robert Whittaker, the fallout from the SMASH coin disaster serves as a cautionary tale in the realm of celebrity-backed cryptocurrencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Sky Governance Forum Emphasizes Editorial Policy

chest

The Sky Governance Forum has established a strict editorial policy that focuses on accuracy, relevance, and impartiality.

user avatarAndrew Smith

Ethereum Derivatives Show Bearish Sentiment as Funding Turns Negative

chest

Ethereum derivatives have experienced negative funding rates since June 5, indicating a bearish bias in the market.

user avatarJacob Williams

Crypto Derivatives Traders Show Caution After Bitcoin Selloff

chest

Crypto derivatives traders have become more cautious following a significant selloff, as indicated by the Block Scholes Risk Appetite Index dropping below 0.05.

user avatarZainab Kamara

Strategy Inc Conducts First Bitcoin Sale Since 2022

chest

Strategy Inc sold 32 BTC in late May 2023 for approximately $2.1 million to fund preferred dividend payments.

user avatarAyman Ben Youssef

Strategy Inc Increases Bitcoin Assets with Recent Purchase.

chest

Strategy Inc, formerly known as MicroStrategy, acquired approximately 1,550 BTC for around $101.3 million between June 1 and June 7, 2023, increasing its total holdings to 845,256 BTC.

user avatarSon Min-ho

New Poll Reveals Americans' Mixed Feelings on AI

chest

A new poll reveals that while Americans are optimistic about AI's potential to improve health, they are also deeply concerned about its economic impact.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.