In a previous video Biaheza set out to showcase how easy it was to make and shill an Alt Coin where he created Fluffy coin that was a completely satire project which even included fake endorsements by tech experts and celebrities including Soulja Boy.
Having listed his Fluffy Coin on pancake swap and it now showing charts on Coinbase it for some reason took off with huge gains of 5x+ within just a couple of days.
Image courtesy of Coinbase.com
With this dangerous coin being listed that does absolutely nothing, buyers started trading and holding Fluffy just off the back of it existing and by seeing Biaheza’s video.
For most fake coin companies this would set up the perfect rug pull where Biaheza could sell off his entire holding of over 50% of the supply for $millions BUT being a public figure and a good guy he has instead burnt and locked his holdings away so nobody can lose it all.
Currently $100,000s are in real buyers wallets which leads us to think what are they going to do with It? Lose money of course. This is a coin that does nothing and will eventually crash and hit rock bottom.
Biaheza has protected himself with lots of satire, fake, fun, non financial advice, fake coin and many other legal conscious statements but it has set him up for a giant tirade of hate and also potential financial conduct enquiries.