Jason Derulo says he won’t sell his JASON tokens, but he did, according to Bubblemaps
American singer Jason Derulo has sold his newly launched crypto token JASON for thousands of dollars, despite repeated claims by analytics firm Bubblemaps that it will “never sell”.
Meanwhile, Sahil Arora, the token's controversial co-creator, told Cointelegraph that it was all part of a “coordinated” plan.
Earlier this week, Derulo, whose real name is Jason Desrouleaux, shared a contract address on the Solana-based token X on June 23, which causes trading activity and price pumps and drops in minutes, DEX Screener shows.
Hours later, Derulo said that serial scammer and infamous memecoin promoter Sahil Arora had “found me” but “promised to do everything in my power to send this scumbag to the moon.”
“Despite the claims, we doubt Jason Derulo was duped by Sahil,” Bubblemaps posted on X on June 24.
He found wallets that he says were linked to Aurora, which held half of Jason's supply, which “threw everything away” and made a profit of $180,000.
BubbleMaps claims that Derulo's wallet — an Aurora wallet that “directly accepted tokens” — sold around $20,000 in at least three ex-posts, despite Derulo claiming not to sell his tokens.
“Derolo's actions do not resemble those of a deluded person,” Bubblemaps said.
“Immediately, Ansem requested space, promoted the community, hinted that he would burn tokens, and started a buying competition,” he added.
Arora told Cointelegraph when asked about the Bubblemaps claims: “It's all orchestrated, we both have skin in the game and we have people.” [brain emoji] It's easy to see.”
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Arora backed up Bubblemap's claim that the wallet he mentioned belonged to Derelo.
When asked how the optics of Derelo's token sale played into his plan, he responded with a GIF of Dagestan influencer Hasbula: “Business, business.”
Derello could not be reached for comment.
The plan seems to have worked, with JASON up 175% on the last day and $7.7 million in market capitalization.
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