Is Hasbulla’s $BULLA Token Just Another Celebrity Cash Grab? 🤔💸

So, in less than 19 hours, a shiny new memecoin called $BULLA managed to rake in over $12.5 million. And guess who’s behind this digital gold rush? None other than the internet’s favorite little dynamo, Hasbulla Magomedov! 🎉

But hold your horses! 🐴 Amidst the viral frenzy and record-breaking presale, the crypto detectives are on the case, asking the million-dollar question: Is this just another celebrity pump-and-dump scheme? Spoiler alert: it probably is. 🙄

This isn’t Hasbulla’s first rodeo in the crypto circus. Oh no, he’s got a history, and it’s as colorful as his TikTok videos.

The NFT Days: Where It All Began

Our boy Hasbulla first dipped his tiny toes into the crypto pool during the 2021 NFT craze. Riding high on fame, he launched an NFT collection on Ethereum, promising perks like discounted merch and access to a “Hasbulla Metaverse.” Sounds fancy, right? Well, the only thing that materialized was a single event in Dubai, and the discounts? Let’s just say they didn’t scale. 🚫

Fast forward, and NFT holders were offered whitelist spots to other projects that, surprise surprise, rugged shortly after launch. It’s like a bad sequel nobody asked for! 🎬

In 2023, Hasbulla tried his luck again with another NFT collection. Same song, different verse. But this time, people were wise to the game. Caution was the name of the game, and the warning signs were flashing like a disco ball. 🕺

The Barsik Token: A Pump-and-Dump in Disguise

Then came the Barsik Token, named after his cat. Cute, right? But things went south faster than you can say “meow.” 😿

Right after launch, insiders and bots snatched up over 60% of the token supply, leaving regular buyers with crumbs. The price spiked for a hot minute before crashing harder than my hopes of winning the lottery. 💔

And guess what? Blockchain data later revealed that wallets linked to the project’s deployer were cashing out while Hasbulla was busy telling his fans to hold on tight. Talk about a plot twist! 🎭

Enter $BULLA — Bigger Launch, Bigger Concerns

Now, we have $BULLA, launched on the BNB Chain. The presale raised millions faster than you can say “get rich quick.” But blockchain researchers are raising eyebrows, noting that many presale wallets were freshly minted and suspiciously empty. 🤨

In layman’s terms, it looks like Hasbulla’s team might be playing a little game of “let’s inflate demand.” No audit report, no whitepaper, just a meme-fueled promotional campaign. Classic! 🎈

Patterns Repeat — But Stakes Are Higher

After the presale, large wallets started fragmenting their holdings like a bad breakup. Analysts pointed out that many of these wallets were previously linked to the $BARSIK project. Déjà vu, anyone? 🔄

In total, over $5 million worth of BNB and USD1 was collected during the early phase. Experts suspect a little wash funding might be at play here, creating the illusion of demand. It’s like a magic trick, but with money! 🎩💰

Celebrity Coins — Same Script, Different Actor

Crypto has seen this movie before. From Logan Paul’s “CryptoZoo” to Kim Kardashian’s SEC-fined token promo, celebrity-backed crypto ventures are like a bad rom-com: hype, spike, crash, exit. 🎥

What’s particularly alarming about Hasbulla’s case is the consistency of failed projects. From NFTs to memecoins, every venture linked to him has either flopped or left retail investors in the dust. Ouch! 😬

Final Thoughts: Should You Trust $BULLA?

The numbers might look impressive, but when you peel back the layers of celebrity branding, $BULLA starts to resemble every other celebrity coin that’s ended in disaster. 🚨

No roadmap. No audit. No transparency. Just a history of failed launches and public promotions masking internal sell-offs.

So, dear investors, remember this: when it comes to memecoins backed by influencers, history tends to repeat itself. And it’s usually not a happy ending. 🎭

2025-05-27 16:06