Blockchain detective ZachXBT announces temporary departure from Twitter, various major blockchains see the emergence of ZachXBT meme coins.
The well-known on-chain detective ZachXBT announced a temporary departure from Twitter with no set return date. Memecoins named "ZachXBT" have emerged on various blockchains.
Brother Mark withdraws lawsuit! On-chain detective ZachXBT: Thanks for the lawsuit donations, I will refund everyone
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ZachXBT: Temporarily Deactivates Twitter Account
ZachXBT recently stated on Telegram:
Just temporarily deactivated the X/Twitter account, the return time is uncertain, do not purchase any ZachXBT meme coins issued by others, as I will never issue coins, have a happy holiday.
In fact, meme coins under the name ZachXBT began to appear shortly after ZachXBT deactivated the account for 30 minutes.
ZachXBT Meme Coins Emerging on Various Chains
Dextools data shows that a large number of ZachXBT meme coins have emerged on major public chains such as Ethereum, Solana, and BNB Chain.
Co-founder of Gaslite also tweeted that a meme coin named "zachwifoutacc" surged nearly 13,000% in a single day with extremely poor liquidity.
ZachXBT deletes his account and within 30 minutes there's already a shitcoin on Solana with the ticker "zachwifoutacc".
We're living in dark times. pic.twitter.com/RxNFYuKZU6
— Pop Punk (@PopPunkOnChain) December 24, 2023
Adam Cochran: ZachXBT Harassed by Meme Coin Investors
Although ZachXBT's Twitter account has been restored to normal, and on the 26th, he issued a warning about security concerns as usual on Telegram, he has not tweeted.
Adam Cochran, partner at venture capital firm Cinneamhain Ventures, pointed out that ZachXBT's departure is related to his continuous harassment by meme coin projects, where ZachXBT's criticism led to meme coin collapses, resulting in continuous harassment for him on Twitter.
Adam Cochran stated:
ZachXBT is someone better than 99% of us, he has made great contributions to the crypto space and is unappreciated. While it is not appropriate to consider meme coins and failed projects as crimes, the crypto space would be worse off without ZachXBT, many scams would go unresolved, and user funds would not be recovered.
As of the deadline, ZachXBT has not updated any tweets on Twitter.
1. Zach is a better human being than 99% of you and did great work for this space thanklessly.
2. Treating meme coins and failed projects the same as literal crime wasn’t great on his part.
3. But, the space will be worse off without him and many scams will go unsolved with no…
— Adam Cochran (adamscochran.eth) (@adamscochran) December 23, 2023
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