YouTube’s crypto influencers try shouting over the scammers

Jung is part of a new, prominent crop of hyper active video producers riding the roller-coaster of digital currencies into the mainstream while getting rich en route, or trying to. — Reuters

In October, Brian Jung, a 24-year-old YouTube creator, posted his first video analysing Shiba Inu, a canine-themed digital token, which was soaring in value.

At first, Jung explained to his viewers, he’d been “a hater” of so called “memecoins”, favouring instead “fundamentally strong cryptocurrencies, with real backing and utility”. But even if the whole thing started as a joke, he explained, there was no denying Shiba Inu’s prowess. It was up more than 460% in the past month.