On December 15th, Base co-founder Jesse publicly promoted and funded the notorious Soulja Boy by issuing RUG tokens on social media, sparking strong criticism from the community. ZachXBT questioned, "Why provide a platform for Soulja Boy to scam new users?"
ZachXBT published an article as early as April 2023, revealing that "Soulja Boy is one of the most unscrupulous promoters in the crypto community. In my research, I found that he participated in 73 promotions and 16 NFT project launches, a significant portion of which were scams."
Jesse has also shill various MEME tokens, such as the "Base is for everyone" event token (which surged to a market value of 20 million and then plummeted by 90%) and his personal token Jesse (which the community calls the most failed fair launch in Base history). The tokens he promotes are often accompanied by short-term speculative hype, but their long-term performance and investment returns are not stable.
