Jason Derulo crypto pumps 6,000%, but is JASON a scam?

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Jason Derulo crypto pumps 6,000%, but is JASON a scam?
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Jason Derulo crypto JASON has rallied 6000% since its debut over the weekend. However, the singer has been flagged as scam by ZachXBT.

After launching on the 23rd of June, JASON pumped but dumped shortly amidst a flurry of selling that the American singer blamed on his co-creator and serial celebrity crypto scammer, Sahil Ahora.

However, the singer disregarded the scam calls and termed them “mistakes” that weren’t to be repeated. Part of his statement “I made uneducated mistakes in the past that will never happen again. To all the loyal $JASON holders I want you to know that I am going to work on this every day until we beat all celebrity coins and break records.”Another point of contention was the singer’s doublespeak. The singer had reportedly vowed not to sell JASON to prop it up. Notably, Derulo‘This address received tokens directly from Sahil’s and has already sold 161 SOL .

, JASON was up 6,000%, with a market cap of $15 million. The celebrity memecoin had rallied +100% in the past 24 hours alone, indicating massive buying pressure.Benjamin is a Telecommunication Engineering graduate who is passionate about crypto-markets and unraveling market trends. Armed with charts and patterns, he's interested in making the intricate, complex landscape of digital assets more palatable for every user.Subscribe to get it daily in your inbox.

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