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American singer Jason Derulo launched a cryptocurrency token named $JASON, which has sparked significant controversy. Despite initially promising to 'never sell,' Derulo sold his token, according to reports from BubbleMaps. Derulo has been involved in the crypto space since at least 2020. He announced the token launch on social media platforms, including Instagram and TikTok, where he posted a Shark Tank parody video. Derulo blamed Sahil in a video saying he is in this for the people. The crypto community is debating whether this move is a genuine venture or a rug pull.
🪙JASON DERULO TOKEN - RUG PLAY OR REAL? The pop singer captured the attention of the crypto community with his announcement on X: "JASON is coming to Instagram and TikTok tonight." A Shark Tank parody video, allegedly featuring Derulo, has since surfaced on his Instagram and… https://t.co/yAgyU3tUNG
🚨JASON DERULO LAUNCHES TOKEN? The singer ignited the crypto community when he posted on X: "JASON is coming to Instagram and TikTok tonight!!! 👑" A Shark Tank Spoof video allegedly by Jason has since been posted on his Instagram and TikTok accounts. "I can't do this… https://t.co/83zoZScFTC
Jason derulo has actually lowkey been in crypto since 2020 at least