False Reports of Rapper Lil Tay’s Death Spark Rise of LilTay Tokens
Amidst false reports of rapper Lil Tay’s death, the crypto community is seeing the emergence of two “LilTay” tokens. This has created intrigue and speculation in the crypto realm. The situation involves one token on the BNB Chain and another on the Ethereum platform. The confusion began with a false death report of Lil Tay, whose real name is Tay Tien, but it was later clarified that her account was compromised by a third-party.
Main Breakdowns:
- Two crypto tokens named “LilTay” have appeared, causing confusion in the crypto community.
- One token is on the BNB Chain and the other on the Ethereum platform.
- The limited supply and unknown creators of the BNB Chain version have led to speculation.
- Harry Tsang, Lil Tay’s ex-manager, is developing an Ethereum-based “Lil Tay Token.”
- Creating tokens inspired by celebrities or real-world events has risks, as seen with fake PYUSD tokens and the BALD meme coin.
Hot Take: The emergence of the LilTay tokens serves as a reminder of the need for caution and due diligence in the crypto world. It is essential to look beyond surface hype and carefully consider investments.
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