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An NFT (Non-Fungible Token) influencer scam is a type of scam in the cryptocurrency industry that involves using the popularity and influence of a celebrity or social media influencer to promote fake NFT projects. The scammer will create a fake NFT project and claim that it has been endorsed or supported by a well-known influencer or celebrity, in order to trick people into buying the fake NFTs. The scammers will use social media, forums, and other online platforms to spread the word about the fake NFT project and encourage people to invest. The influencer or celebrity's name and image are used to create a sense of trust and legitimacy, and to attract more people to the scam. Once the investors have bought the fake NFTs, the scammers will typically vanish, leaving the investors with worthless tokens and no way to recover their investments. It's important to be cautious when investing in NFTs, especially when a well-known influencer or celebrity is involved, and to thoroughly research and understand the project before making any investments.

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This channel is intended to share information and crypto knowledge. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action.

Never buy crypto just because you see a YouTuber talking about it. Always do your own independent research before investing in any coin.

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