Ethereum Max: Great Social Power Comes With Great Responsibilities

Stealing a quote from our favorite movie, Spider-Man, “Great Power Comes With Great Responsibilities”. Yup!!! That’s the case for these celebrities that promoted a shitcoin with no knowledge about the coin.

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Last year was the craze of shitcoins where almost everyone was either buying a shitcoin or creating one. It was a good strategized Ponzi scheme, it’s still on going but the hype is not like it used to be. Yeah!! I joined too, am not exempted, I got my own fair share of profit because I pulled out fast. But that’s not the case for now, this is about Kim Kardashian, Floyd Mayweather and Paul Pierce who are getting sued by an investor who claims their social media promotion convinced him into investing his money on Ethereum Max.

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Hmm.... Reasons why it has been said numerous times not to ever listen to these social media influencers for any financial advise. It’s obvious that these celebrities don’t know anything about this token Ethereum Max, aside the fact that they were probably paid to promote it. Celebrities who have been promoting ICOs got fined for doing so during the ICO days, and Floyd Mayweather is no stranger to that. During Floyd Mayweather’s fight with Logan Paul last year, Ethereum Max, was the sponsor thereby giving Floyd Mayweather more reasons to promote the coin.

Shortly after, Kim Kardashian also posted an Ethereum Max Ad on her Instagram story. Do you know the amount of power her Instagram holds? She has over 200 Million followers on Instagram, that’s at least over 50 Million online people always watching what she post. That’s a lot of people looking up to you, this means you have to be extremely careful with whatever your post. I guess her busy schedule didn’t give her enough time to properly research before promoting.

Ethereum Max experienced a pump and dump activity that made lots of investors have nothing but a worth less bag of the token. The token daily trade is quite small, having something less than $200,000 trade volume per day.

This is the reason I don’t take any celebrity seriously the moment they start shilling any token or giving financial advise. It’s obvious that you are doing it for the promotional pay not because you care about your fans. Most of them have no knowledge of what they are shilling, I doubt if they have any holdings at all.

Celebrities should just stick to what they are good at especially the social media influencers. Fans should also learn to be careful and stop following social media’s influencers words for investment advice. Their job is literally to create awareness in social media and drive traffic when promoting.

Posted Using LeoFinance Beta



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