Base Co-Founder Accused of Promoting RUG Token, Sparks Community Outcry

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Base co-founder Jesse faced backlash after promoting Soulja Boy’s RUG token, a project linked to past scams. Critics like ZachXBT accused him of exploiting a token launch event to target new users. Soulja Boy has a history of 73 promotions and 16 NFT projects, many flagged as fraudulent. Jesse has also backed MEME tokens like 'Base is for everyone' and 'jesse,' which generated hype but failed to sustain value. The incident has fueled fear of missing out among retail investors, who now question the integrity of influencer-driven projects.
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