What Happened to Jason Derulo’s Meme Coin? No Updates Since July
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 06 2024Concerns Over JASON Coin: Jason Derulo has not provided updates on his meme coin, JASON, since July, leading to skepticism about its future despite initial promises and promotional efforts. The token's value has plummeted by over 87%, with its market cap dropping from $27 million to $1.28 million.
Criticism of Influencer Promotions: On-chain investigator ZachXBT criticized influencers who promoted JASON at launch, suggesting they were misled into believing the project would be legitimate, contrasting it with previous scams associated with Derulo.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
