Solana-based Rollbit Coin is facing scrutiny over its promotion tactics involving crypto influencers. Rollbit Coin hired a number of popular crypto influencers to promote its project on social media, leading to concerns about the potential for misleading or deceptive advertising.

The use of crypto influencers to promote cryptocurrency projects has become increasingly common in recent years, as companies seek to reach a wider audience and to build buzz around their projects. However, the use of influencers has also raised concerns about the potential for misleading or deceptive advertising, and has led to calls for greater transparency and regulation in the industry.

The need for effective and efficient regulatory frameworks to govern the usage of cryptocurrencies and other blockchain-related technologies. As the market continues to evolve and mature, there is growing demand for reliable and secure platforms that can facilitate transactions and provide users with greater flexibility and control over their assets, while also ensuring that these technologies are used in a responsible and ethical manner.

(by Samuel Wan)