Social media celebrities, including Haliey Welch, known as the "Hawk Tuah" girl, are facing backlash for allegedly exploiting the crypto boom following Donald Trump's election victory. Welch's newly launched cryptocurrency has significantly lost value shortly after its introduction, raising concerns about the integrity of such ventures. Critics are increasingly vocal about the potential scams targeting fans in the crypto space.
Logan Paul reignites interest in CryptoZoo by promising to buy back sold NFTs, raising questions about investor trust. Meanwhile, Bitcoin surpasses Ethereum as the leading NFT network by sales volume, with December sales exceeding $881 million. The NFT market shows signs of revival, particularly with significant sales increases for collections like Bored Ape Yacht Club.
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