KOL and Crypto World Manipulation: The Disillusionment of the Get-Rich-Quick Myth

In the crypto world, some highly followed opinion leaders ( KOL ) are controversial due to their significant influence. Recently, two KOLs sparked heated discussions due to different events, leading to discussions about insider operations in the crypto world.

The Dispute Between Lexapro and Moonshot

Lexapro is considered one of the members of the "water pipe gang", a group that has always been controversial. Recently, Lexapro was accused of being involved in the manipulation of the $RICH token. According to leaked chat records, Lexapro had disagreements with the Moonshot platform regarding the promotion and price trends of the $RICH token.

Lexapro accused Moonshot of failing to fulfill its commitment to support the coin price, while Moonshot stated that this was Lexapro's own project. The mutual accusations between both parties ultimately led to the collapse of the collaboration, with investors being the ones who suffered.

This incident has sparked a strong reaction from the community. Many investors have lost confidence in the meme coin market, believing that KOLs have betrayed the trust of the community.

GCR Accused

Another well-known KOL GCR is also facing serious allegations. Some claim that GCR profited from insider information obtained through illegal means, including bribing a coin listing team on a certain trading platform and hacking into research institution servers.

However, these allegations currently lack strong evidence to support them. Some netizens defended GCR, stating that the relevant chat screenshots may have been fabricated. The whistleblower also reported receiving threats, but they are unrelated to GCR.

Reflection

KOLs as opinion leaders can indeed provide some reference and entertainment value for investors. However, relying too much on KOLs' opinions is dangerous; investors must still maintain independent thinking and do their own research. Any KOL can "collapse," so it is important not to deify them, but rather to remain rational and vigilant.

In cryptocurrency investment, only by adhering to one's own judgment and strategy can one be the most reliable. The existence of market manipulation and insider trading reminds us that the myth of getting rich quickly in the crypto world is often just an illusion; true success requires diligent effort and wisdom.