Tomaino: Influencer culture of shilling and dumping on retail is toxic
Nick Tomaino · Crypto Roundtable with Nick Tomaino & Kyle Samani: US Elections, NFTs, and Trump | E1100 · 20VC with Harry Stebbings · Jan 8, 2024 · at 9:48
Nick Tomaino, Founder of 1confirmation, criticizes prominent crypto leaders and influencers who promote tokens to retail investors only to sell off their own holdings.
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“I think if you're like a leader in the space, I think shilling is, toxic. And there's a big, you know, crypto Twitter influencer culture of these people that are, you know, shilling loudly, dumping on retail, and that gives a bad experience to new people and actually sets the space back a little bit.”
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