ZachXBT: Solana’s Meme Token SHAR Involved in Conspiracy Groups and KOLs

Foresight News reported that on-chain detective ZachXBT tweeted that the Solana MEME token SHAR was involved in a conspiracy group and KOL manipulation. The token was launched last night, with a peak market cap of over $50 million, and then plummeted to a market cap of $3 million, a drop of 95%. According to leaked information from the promotion platform, the project claimed to have "50 top-level KOLs on board". In response, crypto KOL 0xSun tweeted that "I did take on cooperation with this project, but the reason for choosing to cooperate was that after initially reviewing the information, I felt the project was relatively reliable and there was also an opportunity to make money, not just for the promotion fees. Going forward, on the one hand I will contact CLS and some friends who may have information about the project party, and strive to have the project party compensate and recover the losses, and on the other hand I will also try to avoid such cooperation as much as possible, and in the future, for any paid promotion cooperation, I will clearly point out, to be open and transparent."