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CoinGecko Denies Fake Claims of “Racist” Token Listing

19 November 2024
in Crypto, News
Reading Time: 3 mins read
107 1
Home News Crypto

CoinGecko, the cryptocurrency data aggregator, has refuted claims that it had listed a token with a racist and offensive name.

The platform responded in an X post on November 19, calling the screenshots of the alleged listing circulating on social media “false and misleading.”

The screenshot in question was posted by an X user who asked why the platform displayed a token with an offensive name under its “top zoo-themed category.” The platform clarified that the token in question has “never been listed” on its site.

WTF

HELLO @coingecko????

Would you like to explain why NiggaButt token is displayed under the “Zoo-themed” category on CoinGecko?

Racist. pic.twitter.com/holLTgZ7Em

— Mezoteric (@mezoteric) November 19, 2024

As of press time, the token is not listed in that category or anywhere on Coingecko’s platform. It is listed on other crypto data aggregator platforms, but these listings are tagged as unverified.

In its statement, CoinGecko urged users to report fake content, stressing the importance of combating misinformation within the crypto community. The firm emphasized that it takes these allegations seriously and encourages its community to help ensure accurate information sharing.

This is not the first time CoinGecko has dealt with misinformation regarding its brand. In August, the platform warned users about a fake airdrop scam involving a GECKO token. The platform reiterated that it has no plans to launch tokens or conduct airdrop. “This is NOT true. CoinGecko does not have any tokens or airdrop plans at the moment. Always stay vigilant and double-check your sources before clicking any links,” the team stated.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

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Tags: CoingeckoToken
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Jewel Buddy

Jewel Buddy

Buddy Jewel is a finance writer specializing in cryptocurrency news. With a keen eye on the latest developments in the digital asset space, I provides insightful and timely updates on the ever-evolving world of crypto.

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