Cryptocurrencies—also known as digital currencies or crypto assets—are virtual forms of money that rely on cryptography to secure transactions and operate independently of traditional banking systems. Unlike fiat currencies, they function through decentralized networks, typically based on blockchain technology, allowing peer-to-peer transfers without intermediaries.
One such digital asset making headlines recently is Pambicoin ($PAMBI), a cryptocurrency that surged in popularity due to its controversial launch and rapid rise and fall in value. While many new tokens emerge in the ever-expanding crypto market, Pambicoin stands out not for innovation, but for the drama surrounding its promotion and alleged manipulation by a high-profile influencer.
👉 Discover how social media influences crypto trends and what to watch for before investing.
The Rise of Pambicoin: How a YouTube Star Sparked a Market Frenzy
Pambicoin gained viral traction when Spanish YouTuber Dalas Review, whose real name is Daniel Santomé Lemus, announced the launch of his own cryptocurrency. With millions of followers across platforms, Dalas used his influence to encourage fans to invest in $PAMBI, claiming he would hold onto his own stake and not profit at their expense.
“I won’t sell the coins I’ve bought,” he stated during a promotional video, building trust among his audience. This assurance led thousands of young investors—many new to cryptocurrency—to pour money into the token, hoping to ride an upward trend fueled by social media hype.
However, shortly after $PAMBI reached a peak value of over **$0.051 per coin, the price plummeted dramatically. On May 24, the token crashed from $0.051 to just $0.017—a staggering 80% drop—with reports indicating that 1.5 million $PAMBI tokens were sold** from a wallet linked to Dalas’ team immediately before the collapse.
Investigators now believe this coordinated sell-off caused the crash, leaving retail investors with nearly worthless holdings while early insiders allegedly pocketed substantial gains. Some affected users report losses exceeding $119,000, having invested based solely on the influencer’s endorsement.
“We trusted Dalas, and now we’re paying the price,” one investor lamented online. The backlash has been intense, especially on X (formerly Twitter), where users have accused the YouTuber of orchestrating a pump-and-dump scheme—a manipulative practice where promoters inflate a token’s price before selling off their stash, triggering a market crash.
Was Pambicoin a Pump-and-Dump Scheme?
While Dalas has denied selling any of his $PAMBI holdings, claiming in a follow-up video that he “would have made $7 million if I had sold,” blockchain analysts dispute this. Transaction records suggest otherwise: large volumes were moved from wallets associated with the project’s team shortly before the crash.
Moreover, experts point out that the market lacked sufficient liquidity to absorb such a massive sale without severe price impact—further evidence pointing toward insider manipulation. Since the crash, $PAMBI has failed to recover, currently trading below **$0.0025**, leaving many retail investors stranded.
This incident reignites concerns about crypto regulation and the ethical responsibilities of influencers who promote financial products. As unregulated assets, cryptocurrencies are vulnerable to exploitation by individuals with large followings who may prioritize profit over transparency.
Regulatory bodies like Spain’s CNMV (National Securities Market Commission) are increasingly scrutinizing these cases to protect consumers and prevent fraud. However, enforcement remains challenging in a borderless, decentralized digital environment.
👉 Learn how to spot red flags in influencer-backed crypto projects before it's too late.
Who Is Dalas Review?
Born in 1993 in Santa Cruz de Tenerife, Spain, Daniel José Santomé Lemus—better known as Dalas Review—rose to fame in 2013 through opinionated and often controversial commentary videos on YouTube. His content spans social criticism, drama analysis, and public disputes with other digital creators.
Over time, he built a massive online presence by critiquing internet culture and calling out perceived hypocrisy among fellow influencers. Beyond YouTube, he has published books, developed a video game, and maintained a strong footprint in digital media.
However, his reputation has faced scrutiny in the past. In 2018, he was acquitted of charges related to cyberbullying and sexual abuse of a minor—a case that drew significant public attention. Despite legal clearance, skepticism about his credibility persists among critics.
Now, with the Pambicoin controversy, questions are mounting about whether influencers should be held accountable for financial recommendations—especially when they involve high-risk assets like cryptocurrencies.
Understanding Cryptocurrencies: Security, Decentralization, and Risk
At their core, cryptocurrencies use encryption techniques to verify and secure transactions. This advanced coding protects data as it moves between digital wallets and public ledgers (blockchains), ensuring integrity and preventing tampering.
Key features include:
- Decentralized control: No single institution governs the network.
- Transparency: All transactions are recorded on a public ledger.
- Immutability: Once confirmed, transactions cannot be altered.
- Pseudonymity: Users are identified by wallet addresses, not personal details.
Despite these benefits, cryptocurrencies carry significant risks—especially volatility, lack of consumer protection, and susceptibility to market manipulation. New tokens like Pambicoin often lack utility or long-term viability, existing primarily to capitalize on hype.
Investors should approach such opportunities with caution, conducting independent research rather than relying solely on celebrity endorsements.
FAQ: Common Questions About Pambicoin and Crypto Influencers
Q: What is Pambicoin ($PAMBI)?
A: Pambicoin is a cryptocurrency promoted by Spanish YouTuber Dalas Review. It experienced a sharp rise and fall in value amid allegations of insider selling and market manipulation.
Q: Did Dalas Review really sell his Pambicoin?
A: While he denies it, blockchain data shows large sales from wallets linked to his team just before the crash. Regulators are investigating these transactions.
Q: Can influencers be held responsible for promoting bad crypto investments?
A: Increasingly, yes. Regulatory agencies are pushing for stricter rules around financial promotions by public figures to protect inexperienced investors.
Q: Is Pambicoin still worth investing in?
A: Given its history of manipulation and lack of clear utility or roadmap, most experts advise extreme caution or avoidance altogether.
Q: How can I avoid falling for crypto scams?
A: Research the project independently, check for transparent development teams, avoid FOMO (fear of missing out), and never invest based solely on social media hype.
Q: Are all influencer-backed cryptos scams?
A: Not all—but many lack substance. Always verify claims, look for audits, and assess whether the token solves a real problem.
Final Thoughts: Proceed with Caution in the Wild West of Crypto
The Pambicoin saga underscores a growing issue in the digital economy: the power of influencers to move markets—and the risks when that power is misused. While cryptocurrencies offer exciting possibilities for innovation and financial inclusion, they also attract bad actors seeking quick profits.
As regulatory frameworks evolve, investors must become more vigilant. Relying on trust alone—especially when it's placed in online personalities—is no substitute for due diligence.
👉 Stay ahead of the curve—explore secure ways to engage with digital assets on trusted platforms.
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By understanding the mechanics behind viral crypto trends and recognizing warning signs early, users can better protect themselves in an increasingly complex financial landscape.