In a recent revelation by ZachXBT, it has come to light that a single individual is allegedly controlling 16 X (Twitter) accounts dedicated to shilling various meme coins. These accounts have been promoting coins such as ANALOS, BALLZ, and CATDOG.
Additionally, there are rumors that this operator might have also been involved in promoting Polkadot (DOT). This raises concerns about the authenticity of these meme coin promotions and the potential impact on the market.
The findings by ZachXBT highlight critical issues regarding transparency and the influence of social media on meme coin trading. Investors should exercise caution and conduct thorough research before engaging in investments influenced by these accounts.