MrBeast Breaks Silence on Memecoin Rumors: The Truth Revealed!
Did Mr. Beast just turn down millions of dollars? The famous YouTuber has denied rumors of launching a meme coin, although he admitted that it could bring in huge profits. However, perhaps social media users didn’t hold back, accusing him of being “greedy”. This is what happened!
MrBeast is launching Memecoin
James Stephen Aka MrBeast is not only the most subscribed YouTube channel in the world, he is also a businessman and most recently the creator of the reality TV series Beast Games.
Recently, rumors began to circulate about MrBeast entering the crypto world. The speculations began after cryptocurrency trader “Crypto Beast” posted on Twitter that MrBeast would launch his memecoin on the Solana blockchain within days.
Speculation intensified when Solana’s official X account followed MrBeast. This has led many to believe there may be a collaboration between the YouTuber and the Solana Foundation.
Mr. Beast denies rumors
Popular YouTuber MrBeast directly addressed the rumors of a meme coin launch. Responding to Crypto Beast’s post, he firmly denied any plans to launch such a project, ending speculation.
While Mr. Beast acknowledged that creating memecoins could bring huge financial gains, he made it clear that it was not something he was interested in pursuing.
Despite his clarification, some critics expressed dismay. One viral comment was even tagged He’s a “greedy bastard”,” reflecting the differing opinions on his decision. While some fans were disappointed that it didn’t happen, others were relieved that he chose to shy away from launching a meme coin.
Past accusations raise questions
Allegations regarding MrBeast’s past activities in the cryptocurrency world have resurfaced and raised some eyebrows. Reports from consulting firm Loock.io suggest MrBeast and his colleagues may have made millions of dollars from low-market-cap tokens through insider trading.
These claims are supported by on-chain data, Reportedly linked to around 50 wallets Give it to him.
While not officially confirmed, the allegations add a layer of suspicion to ongoing discussions about his possible launch of meme coins in cryptocurrency ventures.