360noscope420blazeit (MLG) On Solana

Social Signals

Social Signals On 2025-08-02

Bullish Signals:

• The MLG token has strong potential for growth due to its alignment with the gaming and internet community, which forms the foundation of meme culture, with FaZe Banks' involvement initially driving the coin to $200 million in market cap.
• MLG is increasingly being recognized as a significant player in the gaming and meme ecosystem, with comparisons being drawn to SPX6900, a high-performing coin in the same sector.
• MLG is included in high-profile meme coin portfolios alongside other notable tokens like MOG and NUB, signaling its prominence in the meme coin market.

Bearish Signals:

• MLG token faces reputational damage due to accusations of being involved in a pump-and-dump scheme led by FaZe Banks and Adin Ross, which has led to a broader market sentiment issue.
• Adin Ross and thousands of users reportedly experienced financial losses due to the coin being associated with the LA VAPE cabal, raising trust issues within the community.
• The MLG token's ranking in the meme coin market has declined, with DeFiLlama reporting a drop of 14 spots to the 15th position amid ongoing controversy and market challenges.

Social Signals On 2025-07-31

Bullish Signals:

• The $MLG community is described as 'S-tier' with strong organic engagement, highlighting infinite mindshare and active discourse among gamers and influencers.
• The $MLG team refused OTC deals at a discount to maintain the coin's purity, earning respect for prioritizing community integrity over short-term gains.
• $MLG is heavily tied to gaming culture, which is one of the largest industries globally, with a significant portion of crypto enthusiasts being gamers themselves.

Bearish Signals:

• The controversy surrounding FaZe Banks and Adin Ross over alleged $MLG pump-and-dump schemes has led to community outrage, with leaked chats fueling claims of rug pull behavior.
• $MLG experienced significant volatility, with its market cap reaching $200 million before plummeting, causing millions in losses and betraying user trust.
• Adin Ross reportedly felt disrespected after buying $MLG and being immediately dumped on by holders, leading to embarrassment and negative sentiment around the coin.

Social Signals On 2025-07-30

Bullish Signals:

• $MLG holder count is increasing despite sideways token performance, with a growing community and lore around the coin gaining traction.
• $MLG is running 3-4x the volumes of coins in the $600 million market cap range while maintaining double the engagement at its $19 million market cap.
• $MLG ranks as the fourth-largest netflow gainer on @nansen_ai's 1-hour DEX netflows, with $17.5K in positive netflows.
• The ability to leverage trade low-cap Solana memecoins, including $MLG, with up to 4x leverage is now available, providing new opportunities for traders.

Bearish Signals:

• Adin Ross revealed that FaZe Banks and associated parties signed a contract promising not to dump $MLG but allegedly violated it, creating controversy within the community.
• FaZe Banks reportedly dumped his entire $MLG position for a $106K loss amid the Adin Ross controversy, further fueling drama and mistrust.
• Claims have surfaced that FaZe Banks made $2 million profit on $MLG through side wallets, raising concerns over pre-promotion purchases and transparency.
• The $MLG community is grappling with allegations of wallet manipulation and dumping, with ongoing debates about early buyers profiting at the expense of others.