Zeus Capital is reportedly providing distinguished members of Crypto Twitter fee to unfold unfavourable information about Chainlink, which hit a br
Zeus Capital is reportedly providing distinguished members of Crypto Twitter fee to unfold unfavourable information about Chainlink, which hit a brand new report excessive value just lately.
Zeus Capital got here to prominence just lately after releasing a report claiming LINK was a rip-off after which closely selling unfavorable information about Chainlink by way of Twitter adverts.
In keeping with a screenshot posted to Twitter by ‘The Wolf of All Streets’ Scott Melker on July 29, Zeus Capital reached out to him asking them if he’d be prepared to put up an evaluation of Chainlink (LINK) to social media “for a payment.”
Twitter direct message from Zeus Capital. Supply: Scott Melker
Melker, who has greater than 108,000 followers, was not the one influencer to report the provide. Josh Rager stated he’d merely ignored the agency’s messages. Crypto Twitter consumer Smokey posted a screenshot of an similar message to his 17,500 followers.
The “payment” to which Zeus is referring was left ambiguous by customers who didn’t take up the agency on its provide. However one consumer, icebergy, who has greater than 12Ok followers, reached out to Zeus with a proposal to put up a “unhealthy LINK chart” for five Bitcoin (BTC) — roughly $55,000 on the time of writing. In keeping with a screenshot response, purportedly from Zeus Capital, the agency inquired if the provide was nonetheless legitimate.
HOLY SHIT https://t.co/62E0x5rbRr pic.twitter.com/MhMvCTJcSk
— icebergy ❄️ (@icebergy_) July 29, 2020
Crypto Bitlord has certainly posted updates about LINK — though this could be a joke.
Backfire impact
Whereas Zeus is pushing influencers to doubtlessly disparage LINK, it’s doable that such seedy techniques could also be having the alternative impact. Melker referred to the incident as “fully absurd” and unhealthy for the cryptospace. Others like Obit7777777 referred to as Zeus’ actions determined: “They need you to analyse one of many cleanest charts in crypto hoping to search out one thing bearish.”
A couple of, together with AlCryptoTrader, even stated they have been prepared to purchase LINK at $8-9 simply to “f— over Zeus Capital.”
Why unfold unfavorable information?
Zeus authored a report just lately claiming it was constructing a Chainlink brief place with a goal of 99% good points. Nonetheless, its web site seems to have been registered solely seven months in the past, and the agency’s Twitter account has been suspended for violations of the platform’s phrases of use a number of instances.
Regardless of Melker’s free evaluation on July 28 that LINK is decidedly “not bullish,” the token was nonetheless priced at $7.17 on the time of writing, having risen 56.3% within the final month.
Cointelegraph contacted Zeus Capital for remark however didn’t obtain a response as of press time.