Hi everyone this is my first post Ive been seeing a lot of youtubers (crypto sprukers) actually verbally recommending these nvidia start up coins like NVDA14K and other NVDA with numbers and letters but im also seeing this on other major coins with the same setup. Im well aware these are a scam very quick search of reddit and its horrifying how much money people have lost. The part I dont understand is ive actually seen with my own eyes a very prominent crypto youtuber recommending this coin?? On reddit it says the complaint comments etc are being deleted by the youtuber or youtube itself as well as search history related to the coin and mention of scam or lies or lost money being pushed way down the search list? What do you all think?
Youtube has a fairly lax policy on scams. I see ads for scams every day there (use Youtube as my music player). When I report them they never respond with anything other than "we don't see an issue" (about some guy selling a bot that supposedly gives 10 ETH/day gains or something otherwise retarded like that). They also have published ads on scams using well known Swedish brands (without their consent). It's criminal and YT will eventually have to reconcile that fact.
You’re absolutely right to be cautious about these so-called "Nvidia startup coins" like NVDA14K and others with similar names. These are classic examples of pump-and-dump schemes, where scammers create fake hype to lure unsuspecting investors. The fact that prominent YouTubers are promoting them could be part of the scam itself, as influencers are sometimes paid to push fraudulent projects or may not fully understand what they're endorsing. It’s also alarming but not surprising that complaints and warnings are being suppressed on platforms like Reddit or YouTube. Scammers often use bots or paid services to bury negative comments, making it harder for potential victims to uncover the truth. If you're looking to invest in legitimate altcoins, it’s crucial to stick to trusted platforms and conduct thorough research. A good starting point is understanding how altcoins work and how to evaluate their legitimacy.
These are just like the Bulletin Board (OTCBB) version of cryptos. Some go to the moon and most go to zero. Good for trading but remember to take profits before the collapse. Will $TRUMP or $MELANIA have any value in a few weeks?