MrBeast Breaks Silence on Memecoin Rumors: The Truth Revealed!

The post MrBeast Breaks Silence on Memecoin Rumors: The Truth Revealed! appeared first on Coinpedia Fintech News

Did Mr. Beast Just Turn Down Millions? The famous YouTuber has denied rumors about launching a memecoin, despite admitting it could bring in huge profits. Perhaps the social media users, however, didn’t hold back, accusing him of being “greedy.” Here’s what happened! 

Is MrBeast Launching a Memecoin

James Stephen Aka MrBeast is more than just the most subscribed YouTube channel in the world, he’s also a businessman and most recently, the creator of a reality TV series, Beast Games.

Recently, rumors started circulating about MrBeast entering the crypto world. These speculations began after the Crypto trader “Crypto Beast” tweeted a post that MrBeast would launch his memecoin on the Solana blockchain within a few days.

The speculation grew when Solana’s official X account followed MrBeast. This led many to believe there might be a collaboration between the YouTuber and the Solana Foundation.

Mr.Beast Denied The Rumors 

MrBeast, the popular YouTuber, has directly addressed the rumored memecoin launch. Responding to a post by Crypto Beast, he firmly denied any plans to launch such a project, putting an end to the speculation.

While Mr. Beast admitted that creating a memecoin could bring in massive financial gains, he made it clear that it’s not something he is interested in pursuing. 

Despite his clarification, some critics expressed frustration. One viral comment even labeled him a “greedy d*ck,” reflecting the divided opinions about his decision. While some fans are disappointed that it’s not happening, others are relieved that he has chosen to steer clear of launching a memecoin. 

Past Allegations Spark Doubts

Allegations about MrBeast’s past activities in the crypto world have resurfaced, raising some eyebrows. Reports from advisory firm Loock.io suggested that MrBeast and his associates might have made millions from low-cap tokens through insider trading.

These claims are supported by on-chain data, which reportedly links about 50 wallets to him. 

While nothing has been officially proven, these allegations have added a layer of skepticism to the ongoing discussions about his potential launching of memecoin in crypto ventures.