Howard is a former NBA star who has been selected to the NBA All-Star Game eight times. Recently, he launched an NFT series called "Ballers by Dwight Howard" on Avalanche. However, sales of the series were dismal, and its design quality was widely criticized by the community. AvaLabs even distanced itself from the project on Twitter.
According to the latest data, the token $BALL issued by Howard suffered a severe plunge less than 10 hours after its release, with the price falling by 99%. The situation sparked criticism and skepticism from the community. According to data from the DEXScreener platform, the current price of $BALL is temporarily reported at $0.00009178, close to 0, and the trading volume has almost stagnated, with a transaction volume of only $482. The plunge has raised questions about the quality and reliability of the coin.
$BALL token is deeply involved in the Rug Pull controversy
At the moment when the price of $BALL token plummets, netizens are pouring in doubts and criticisms. Netizens asked: "What happened to $BALL? Angry crowds are gathering"; some netizens bluntly said: "It's time for the token to be rug" and "You (Howard) will really go to jail, the SEC will take care of you."
This project also attracted the attention of on-chain detective ZachXBT, who commented: Thanks to Dwight Howard for the quick Rug Pull.
Netizen @bravenoob21 pointed out the reason why $BALL token has problems on Twitter, and attached a picture of "going to jail".
On January 18, Dwight Howard, who has 6 million fans, announced his Ballers NFT series. The initial launch did not go smoothly, and only 490 NFTs were successfully minted. However, Dwight Howard was not deterred and decided to launch a Meme token ($BALL). This launch was equally rushed, and he sold all of his token holdings, 10% of the supply, to his followers. Despite some initial difficulties, Dwight Howard remained determined to share his digital assets with fans.
Restart $BALL token plummeted 97.5%
On the 30th, the once-closed Ballers NFT X account @BallersAVAX tweeted that it would restart $BALL token:
"We $BALL will be relaunched
The previous development team did us a disservice and we have full control over everything.
The roadmap will remain intact and all elements will remain the same.
With the relaunch of $BALL, we will finally reverse this sentiment.
1:1 airdrops are also available”
However, the community is not buying into this, and according to the DEXScreener platform The latest data shows that the token has plummeted more than 97.5% in the past 24 hours, and the price is closer to 0 than the original $BALL token.
Reissue $SCAM New Coin
Howard, who has been widely criticized by the community, does not intend to stop. The official issued a new coin $SCAM three hours ago. Judging from the name of the token, this is obvious. It is a provocation to the community's criticism. The official explanation of the motivation for launching the token is: "Because you all say that everything I do is a scam, I am actually telling you that I will launch $SCAM soon."
Dextools data shows that the current price of $SCAM rose by 6.9% from a minimum of US$0.000003160 to a maximum of US$0.000003379. It was temporarily reported at US$0.000003215 before the cut-off, but has fallen sharply, with a trading volume of only US$215.8.
In addition, before the launch of $SCAM, the official issued $SIN tokens yesterday (4th), claiming that they can quickly multiply 10/15 times in a few minutes.
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