According to @KookCapitalLLC, Dave Portnoy, initially claimed he did not intend to 'rug' Jailstool token but later conducted a livestream criticizing the crypto community before allegedly executing a 'rug pull'. This incident highlights the recurrent risk associated with celebrity-endorsed cryptocurrencies where investors face potential losses.

According to Ai 姨 (@ai_9684xtpa), $PASTERNAK is a celebrity cryptocurrency launched by Ben Pasternak, the founder of Clout. Clout (@cloutdotme) is a memecoin trading platform similar to Moonshot, allowing creators to issue tokens under their names, facilitating the financialization of personal brands.