Influencer Paid to FUD Monero — Expect Backlash and Short-Term Volatility
I think they paid an influencer named Shai $4,000 to spread FUD about Monero. This looks like a deliberate attempt to manipulate sentiment against the coin.
I won't trade off a single influencer claim. If true, the tactic could cause short-term volatility and media noise, but it may also trigger community backlash and ultimately strengthen Monero's support.
Analysis
Recommendation
Don't act on the claim alone—verify evidence and monitor on-chain/liquidity signals. Avoid knee-jerk trades; consider buying on confirmed weakness or holding if you already own XMR.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.