Serum Selling Shitcoins in Their Renamed Twitter Web page, Says ZachXBT

• Crypto sleuth ZachXBT has uncovered Serum’s Twitter account.
• The Twitter account with 200k+ followers deleted all tweets and altered the profile image.
• Luka, the renamed Twitter account is seen to be shilling shitcoins.

Cryptocurrency sleuth ZachXBT has uncovered yet one more venture known as the Serum. He took to his Twitter account to deal with how the account with 200k+ followers is now shilling shitcoins.

ZachXBT shared an outdated screenshot of the Serum account, which has over 215k followers. In line with the crypto sleuth, the account has deleted all of the tweets and altered the profile image to that of a Milday. The username has additionally been modified to Luka, and the account now has 207k followers.

One of many funniest issues that ZachXBT shared was that the account has already blocked him in order that he doesn’t discover the scammy actions. ZachXBT recognized that the account has began to shill shitcoins. One other Twitter person, “DB,” additionally identified that they’ve opened a brand new Twitter account. The brand new Serum account has additionally made a prediction for its token, stating that it’ll hit $1,000.

The Serum venture has been related to FTX. Serum is a decentralized trade protocol primarily based on the Solana blockchain. It has acquired help from FTX since its inception, and SRM tokens got to merchants on a weekly foundation by way of an airdrop system on the now-defunct trade.

On Nov. 14, the Solana Basis introduced that it held 134.54 million SRM on FTX, which raised questions on the way forward for the venture. Serum is buying and selling at $0.1873 at press time, with a 3.3% drop in worth over the past 24 hours. The coin is 98% down from its all-time excessive.