Jason Derulo's Meme Coin 'JASON' dey face major decline and skepticism as silence dey reign
Jason Derulo, someone wey sabi R&B, don launch im cryptocurrency $JASON for Solana network through Pump.Fun launchpad, and at first e see 1,500% jump. But the token quickly crash by 72%, and later by 87%, wey make im market cap reduce from $27 million to $1.28 million. Derulo don accuse Sahil Arora, wey dem sabi na him be crypto scammer, say him na di person wey orchestrate rug pull, wey lead to public no trust even after Derulo apologize and promise. Social media person wey dey influence, ZachXBT don criticize both Derulo and di promoters wey don promote di coin before for di way e dey fall. Right now, Derulo never drop any updates since July, wey dey raise concern about di project legitimacy and wetin go happen next. Crypto detectives and influencers like Coffeezilla and zackXBT don point out Derulo involvement for plenty questionable crypto projects. Dis wahala dey show di risk wey dey follow celebrity-endorsed cryptocurrencies.
Bearish
Di significant decline wey dey happen for $JASON value, plus di lack of update and di ongoing skepticism wey dey around im legitimacy, e dey show say e get strong bearish sentiment. Di involvement of known scammers and di public fallout don reduce trust, wey fit lead to reduced investment interest and more market instability for di token.