Youtuber James Stephen Donaldson, popularly known as Mr Beast, has dismissed rumors of launching a memecoin as he finds it “icky.” However, he finds himself at the end of greed accusations for not doing so.
Solana’s official account followed Mr Beast on X, igniting speculation about him launching a memecoin on Solana, as celebrities like Iggy Azalea and Caitlyn Jenner have done in the past. Fans expected that the YouTuber could be the next prominent name in the memecoin game.
I could probably launch a meme coin and make hundreds of millions of dollars but idk. Just feels icky, I’ll pass.
— MrBeast (@MrBeast) January 19, 2025
The rumors were fueled further on January 18 when Crypto Beast claimed that Mr Beast’s memecoin could soon be launched. The account shared a screenshot of a DM from an apparent source telling him about the anticipated memecoin. The post was legitimized by Crypto Beast’s claim as “the first to post $TRUMP.”
Mr Beast quickly dismissed the falsehood by directly responding to Crypto Beast’s post. He acknowledged that launching a memecoin could bring him “hundreds of millions of dollars” in profit, but he is unsure.
He passes on the idea, calling it “icky.”
Mr Beast faces ‘greed’ accusations for not launching memecoin
If one hypothesized the launch of Mr Beast’s memecoin, it’s not beyond the realm of possibility that it would gain traction from his massive audience and Solana’s growing community. As compared to the TRUMP memecoin, the YouTuber’s audience and crypto enthusiasts would boost the adoption rates, something the YouTuber himself.
One fan suggested under the post that Mr Beast could connect the token to philanthropic causes for the projects related to his charity works.
Another fan was offended by the YouTuber’s “greed.” The user named said, “This guy will do anything for money and attention but dropping a coin so other people can make money off his brand.” Mr Beast replied under his tweet that he never imagined being called greedy for not launching a memecoin.
I never imagined I’d be getting called a greedy dick for NOT launching a meme coin but here we are. What is life anymore 😭
— MrBeast (@MrBeast) January 19, 2025
Meanwhile, the speculation also resurrected discussions regarding the investigation into Mr Beast’s past crypto involvement. The investigation claimed that the famous YouTuber and his partners gained millions through insider trading on low-cap tokens.
On-chain data links about 50 wallets to Mr Beast, which raised transparency questions. These questions were based on his Ethereum wallet disclosed during the NFT hype back in 2021.
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Source: https://www.cryptopolitan.com/mr-beast-shuts-down-icky-memecoins/