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ZachXBT Refuses Aid After Complex Memecoin Project Shuts Down Amid Controversy

Algoine News
Summary:
Noted blockchain investigator ZachXBT has declined to help Complex memecoin holders after the abrupt termination of the project on April 4th by its developers, citing multiple harassment incidents that negatively affected team member mental health. ZachXBT expressed frustration with helping those involved in volatile meme coins, despite criticism from disgruntled users. The project's native token, SIMPLE, experienced a dramatic drop in value, now almost worthless. The Complex memecoin project, launched on March 30th, had earlier reached a high of 3,013 token holders.
High-profile blockchain detective ZachXBT has declined to come to the aid of investors in the Complex memecoin, created on the Base blockchain, following the abrupt termination of the project by the developers on the 4th of April. "Having given it careful thought, we're reluctantly announcing the sunset on Complex," the protocol's team stated, additionally noting, "Despite the project being our passion and our motivation boost, recent harassment episodes have spurred an unsustainable situation that escalates stress levels among our team members." As it stands, Complex's native token, SIMPLE, is locked in liquidity until a future date, providing users the opportunity to trade their SIMPLE assets until such time. As of news time, the SIMPLE token experienced a 90% value plunge within the last 24 hours, rendering it practically worthless on the market. Client dissatisfaction was evident over developers citing "mental health" as the prime reason for putting the project out to pasture. One user expressed their annoyance, saying "This is pathetic. You couldn't even hold out one week, then you used mental health issue as a cover to exit scam. You could have done without this, rather than expecting round of applause for you with such a lame post. Morons," they accused. More disgruntled users reached out to ZachXBT hoping for his involvement. However, he seemed equally discontent with the flood of requests for assistance, saying "I'm not interested with your memecoins, don't bother me." He added, "I particularly detest putting in significant time to help folks who consciously decide to take risks with speculative meme coins over real victims. You blatantly disrespect me despite not following me, yet expect me to give my time and help you for free?" Another opinion emerged from a user who appeared to understand the scenario in a more nuanced and metaphorical way. Per the user, "Whether you expose people or not you're attacked, but the blockchain space wouldn't be the same without you, ZachXBT, keep shining." The Complex memecoin project met its end mere days after its kick-off on March 30. The protocol had earlier topped 3,013 token holdhers. During the current cryptocurrency bull trend, memecoins have boasted average returns of 1,312.6%, the best performing among top tokens when compared by market cap.

Published At

4/4/2024 10:26:27 PM

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