ZachXBT accused Rekt Fencer of promoting pump and dump meme coins.
Rekt Fencer was associated with ANALOS BALLZ and CATDOG.
Rekt Fencer also used to run a crypto project called Dropcoin.
ZachXBT, quite a popular crypto detective on X, has called out crypto analyst and influencer Rekt Fencer for promoting fake meme coin projects, duping investors.
In an X post, ZachXBT revealed that Rekt Fencer was involved with meme coin projects like ANALOS BALLZ and CATDOG, and that the account didn’t exist in the previous market cycle. ZachXBT added that the account was created to share AI-generated images to boost their perceived authenticity.
This is Rekt Fencer
Last cycle the account did not exist.
Now he’s running 10+ accounts, sharing ai generated posts, and deployed meme coin scams like ANALOS BALLZ and CATDOG
pic.twitter.com/RFgo97m4mH
— ZachXBT (@zachxbt) October 9, 2024
One X user pointed out that the person behind Rekt Fencer was also paid by Polkadot (DOT) to promote their token. Another user highlighted that Rekt Fencer previously ran a project called Dropcoin, which capitalized on the airdrop trend. The project, despite having a large following, crashe…
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