The presenter of “Masked Singer”, Nick Cannon, said he will soon launch a second cryptocurrency card, equally as he distanced himself from a failed memory that promoted, costing some numbads investors of thousands of dollars.
The 44 -year -old actor, singer and father has taken over the hands of the Wildnout Memecoin after the MTV rap battle program “Wild N out”, which Cannon conceived and was host of 2005 to the Hyptto march from 2020 to 6020.
The Wildnout currency reached a market capitalization of $ 10 million nine hours after the launch on March 5. But the next morning, its value collapsed to $ 3 million, lists show. He dropped to $ 1 million for March 8, which resulted in millions of losses for the approximately 16,538 investors that bought it. This week around $ 67,000 was valued.
Cannon announced on March 26 that it was aimed at giving it a chance again, with a “business record.”
“I never want to run a game in anyone, and I never want to cheat anyone,” Cannon insisted to the more than 11000 who signed their Live X forum of March 26 on the imminent cryptographic project.
“We are only trying to comply with the rules, because there are rules for this, and I am one of those guys who plays according to the rules and you can’t do not do not, I can’t not do it not in people.
Cannon proclaimed in the live forum “was not the creator of that last currency,” and added that he has no plans to sell his participation in Memecoin.
“It was not technically mine, so all the things we all know with that, I just wanted to make sure that, whatever we do, it will be super official and will be done in the right way,” said Cannon. “I am never abandoning them all.
“I saw what happened with the last one, and who put it and who gathered it, I want to do anything in the future in the right way,” he continued. “I am locked up. That last currency, I would like to be able to do it as they are my plans to operate in the future, but this is how we have to rock here.
“Every step we take from now on, we will be thinking about people.”
A business token is a digital asset, usual administered by a company, which repeats a value or property unit.
“All the goal,” Cannon said about the next Enterprise currency, “is to make sure what we are doing, we are raising and present something legitimate in this world. That’s all I want to do.”
He added: “I have learned a lot where I have the opportunity to help people and use my name in the good way. I want to make sure that all I are splashed and that they are crossed to protect them all, to protect myself.
The alleged “badly used” his celebrity to “attack[ing]”His name to the last currency, insisting that he did not make money on the file.
Cannon promoted Wildnout through its X profile, hosting a couple of live video forums on the Token, based on the Solana cryptocurrency platform.
And the day he launched, he wrote: “We Wild” and leaves in the trenches! The official Meme Wild N Out currency is live! … wild! Wild! “He simply assured fans in X that” he would never “sell his memecors and” retired “from the project.
The critics attacked Cannon shortly after the file collapsed.
“Your name is mud,” wrote an alleged victim in X. “You didn’t make enough efforts to save your currency. People trusted you. That trust is broken.”
“Damn is. Yes, the mastered emotional manipulation surely. A psychological feat in fact,” another wrote
Others labeled it as “disgusting” and a “noise.”
Watchdog David Kennedy, a cryptographic merchant for a long time in Sanford, Florida, said that losing money in Memecoins is practical a meme itself.
“These things are happening so frequently, and there are so many of them that everything was diluted,” Kennedy explained. “There is no regulation.”
Kennedy said the stock exchange and values commission determined that Memecoins are not values on February 27. “It’s the Wild West, and that’s the problem,” he said. “Then there is no real resource for these people [who lost money on WILDNOUT]Apart from getting angry or sue. “
A SEC spokesman declined to comment on the memecoin.
Cannon did not return a request for comments.