{"id":111978,"date":"2026-07-01T01:35:19","date_gmt":"2026-07-01T01:35:19","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=111978"},"modified":"2026-07-01T01:35:19","modified_gmt":"2026-07-01T01:35:19","slug":"crypto-influencer-nick-oneill-says-he-rugged-unsolicited-token-sent-to-him","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=111978","title":{"rendered":"Crypto Influencer Nick O\u2019Neill Says He \u2018Rugged\u2019 Unsolicited Token Sent to Him"},"content":{"rendered":"
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Crypto influencer Nick O\u2019Neill said he deliberately sold off a community-created token after its developers sent him 60% of its supply.<\/p>\n

The incident has sparked criticism from some traders, while others argue the entrepreneur had no obligation to support an unofficial token created without his approval.<\/p>\n

O\u2019Neill Defends Selling Unsolicited Token<\/h2>\n

It all started when the Fibonacci account on X shared<\/a> a clip from O\u2019Neill\u2019s Choose Rich Live YouTube show, in which he had noted that The Black Bull (ANSEM) had surged 40% to a peak market cap above $120 million after the influencer it was named after, Ansem, teased weekly airdrops.<\/p>\n

In the clip, he also pointed out that Ansem controls 60% to 65% of the token supply and fees through a public wallet that was valued at about $50 million at the time.<\/p>\n

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\u201cWill it surge to similar highs? I don\u2019t know. It\u2019s hard for these to sustain\u2026If you take a look at the charts of Ansem, it\u2019s setting up for a pretty bad head and shoulders pattern. And I think the reality is, it\u2019s like there\u2019s not enough buyers in the market,\u201d remarked O\u2019Neill on ANSEM\u2019s performance.<\/p>\n<\/blockquote>\n

But even after expressing those doubts, a now-deleted post suggested that O\u2019Neill could also have benefited if he had controlled 65% of a token\u2019s supply, and, responding to the idea before the post disappeared, the podcaster replied, \u201cI mean that would have been incredible.\u201d<\/p>\n

However, he said<\/a> the opposite shortly after, telling his nearly 286,000 followers on X that he had no intention of supporting tokens launched in his name apart from the original RICH meme coin.<\/p>\n

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\u201cI will literally rug any token anybody creates for me other than the original $RICH. I just rugged another token,\u201d the influencer wrote.<\/p>\n<\/blockquote>\n

When criticism started, O\u2019Neill clarified that someone had independently created and distributed the token in question, named I Choose Rich Everytime (NICK), before sending him a large allocation.<\/p>\n

Reserve, the account behind the coin, accused the influencer of selling the NICK tokens shortly after receiving them, something he did not deny, instead arguing that there was no reason for him to back another community-created asset when an existing cryptocurrency already carried his branding.<\/p>\n

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\u201cIf I wanted to do this I wouldn\u2019t have some random person do it,\u201d he responded.<\/p>\n<\/blockquote>\n

ANSEM Comparison Hangs Over the Discussion<\/h2>\n

Some of O\u2019Neill\u2019s followers urged him to embrace the token anyway, suggesting it could rival ANSEM\u2019s success. But others defended his decision, with one of them, ExcaliberArt, comparing<\/a> the situation to receiving free shares in a company, which O\u2019Neill was free to sell since he had never promised to promote or endorse the token.<\/p>\n

As CryptoPotato<\/em> reported yesterday, the deployer behind The Black Bull sent<\/a> 650 million tokens, worth about $71 million at the time, directly to Ansem\u2019s wallet for free while walking away with just $5,500 for themselves. According to on-chain analysts, the distribution suggested a pre-arranged promotional scheme, although some watchdogs, such as Rugcheck, warned that the token\u2019s concentrated ownership had increased the risk of market manipulation.<\/p>\n

The post Crypto Influencer Nick O\u2019Neill Says He \u2018Rugged\u2019 Unsolicited Token Sent to Him<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto influencer Nick O\u2019Neill said he deliberately sold off a community-created token after its developers sent him 60% of its supply. The incident has sparked criticism from some traders, while others argue the entrepreneur had no obligation to support an unofficial token created without his approval. O\u2019Neill Defends Selling Unsolicited Token It all started when […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-111978","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/111978","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111978"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/111978\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}