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Crypto Influencers' Hypocrisy: Claiming 'Onchain is Dead' While Raking in $50K Daily

Crypto Influencers' Hypocrisy: Claiming 'Onchain is Dead' While Raking in $50K Daily

Ever scrolled through X (formerly Twitter) and caught a crypto influencer moaning about how "onchain is dead" or wondering aloud how retail investors will ever return to the market? It's a common sight in the volatile world of blockchain and meme tokens. But a recent post from @100xgemfinder cuts right through the noise, highlighting the sheer hypocrisy at play.

In the tweet, shared on August 24, 2025, @100xgemfinder calls out these influencers for their double standards: they're publicly lamenting the state of onchain activities—think decentralized trading and interactions directly on the blockchain, like swapping meme coins on Solana's DEXes—while quietly (or not so quietly) pocketing massive earnings. The post reads: "Influencers be like: 'Onchain is dead' 'How do we expect retail to come back' While making $50K a day themselves." You can check out the original tweet here.

For those new to the lingo, "onchain" refers to transactions and activities that happen directly on a blockchain network, bypassing centralized exchanges. It's the backbone of meme token frenzy, where projects like dog-themed coins or viral cats explode in value overnight thanks to community hype. Retail investors are the everyday folks dipping their toes in, hoping for that 100x gem. But according to influencers, the party's over—except, apparently, for them.

The replies to the tweet paint an even clearer picture of frustration in the community. One user labels them as "gatekeepers," suggesting these big names control access and narratives to their advantage. Another points out how influencers convert their Solana (SOL) earnings to stablecoins like USDC after pumping projects, only dipping back in with small amounts to keep the cycle going. It's a savvy move, sure, but it leaves retail traders holding the bag when the hype fades.

This isn't just idle chatter; it's a symptom of the broader meme token ecosystem. Platforms like Solana have become hotbeds for quick flips, with tools like [GemBot

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