The athlete of Chechen origin presented to his fans the Smash piece based on Solana.
Chimaev drew the attention of his followers to the project, which caused the token’s price to rise to $1.35. However, less than 24 hours later, the coin lost more than 90% of its value.
Despite the volatility of cryptocurrencies, fans have accused Chimaev of fraud.
Crypto market analyst ZachXBT said Chimaev deliberately “leaked” his coin and made around $1 million.
Users followed the actions of Chimaev’s accounts on the market, after which the fighter deleted all videos promoting cryptocurrency.
- UFC President White spoke about Khamzat Chimaev’s serious illness
Source: Sport

I am Ashley Ortiz and I am a professional journalist working for Athletistic. My specialty is in sports journalism, particularly boxing. I have written articles for some of the most renowned publications on the subject, and my work has been featured across both print and digital media platforms.