Meet IShowSpeed (SPEED) Crypto: Relation with Youtuber, Price and Controversy

In the ever-evolving world of cryptocurrency, a new token has emerged, drawing significant attention: IShowSpeed (SPEED). This cryptocurrency is closely associated with the famous YouTuber IShowSpeed, who has millions of followers on his platform.

This article will delve deep into the SPEED crypto, its connection with the YouTuber, its price, and the controversies surrounding it.

What is IShowSpeed Crypto?

Darren "Speed" Watkins Jr., widely known as IShowSpeed, is a YouTube content creator and live streamer. Recently, he has been linked to a cryptocurrency named after him, IShowSpeed (SPEED).

Current Status of IShowSpeed Crypto

• Price: As of March 26, 2025, IShowSpeed's exchange rate is approximately $0.000000000005121 USD, with a daily trading volume of around $124,066.
  
   
• Market Capitalization: The market cap is recorded at approximately $218.59K, with a total supply of 42.69 trillion SPEED tokens.
  
   
• Trading Activity: This cryptocurrency has shown significant trading activity, with a 420.88% increase in trading volume over the last 24 hours.
  
   

Controversies Surrounding IShowSpeed Crypto

IShowSpeed has faced heavy criticism for his involvement in promoting cryptocurrency projects, particularly after a sponsored livestream promoting the Paradox Metaverse project was widely labeled as a scam within the crypto community. The project was criticized for exhibiting traits of a "pump and dump" scheme, leading to significant backlash against Speed.

In response to the criticism, IShowSpeed issued a public apology, stating that he had no malicious intent and did not consider himself a scammer. Despite the controversy, he remains a popular figure on platforms like YouTube, where he has amassed millions of followers.

Also Read: Klink Finance: Who is the Founder, and Is It Legit?

What is the Purpose of IShowSpeed Crypto?

IShowSpeed’s involvement in cryptocurrency appears to be more focused on promotion rather than development. He was previously associated with the Paradox Metaverse project, which aimed to promote its cryptocurrency, Paradox Coin, and related ecosystem features such as staking, events, and gaming rewards. 

However, the project faced severe criticism, with many labeling it as a ‘pump and dump’ scheme or a scam.

IShowSpeed’s promotions included giveaways and endorsements during his livestreams. Although he claimed he never intended to deceive his viewers, the controversy suggests that his primary role in the crypto space was to market projects rather than provide real value to his followers.

Also Read: How to Buy Realital Metaverse (RETA)

How Did IShowSpeed Get Involved with Paradox Metaverse?

On November 16, 2022, IShowSpeed promoted Paradox Metaverse during a livestream. During the broadcast, he endorsed Paradox Metaverse, including its cryptocurrency, Paradox Coin, and marketed it as a major crypto project. 

He also hosted a PlayStation 5 giveaway to encourage his viewers to engage with the project. Speed wore branded clothing featuring the Paradox logo and urged viewers to follow the project’s Instagram account.

Paradox Coin IShowSpeed

During the stream, guests claimed that Paradox Coin would become "the biggest cryptocurrency in the world." However, viewers quickly criticized the project, calling it a scam. In response, IShowSpeed instructed his moderators to ban critics from the chat instead of addressing their concerns. The backlash intensified after YouTuber Coffeezilla investigated Paradox Metaverse and described it as a Ponzi scheme designed to mislead investors.

After facing widespread criticism, IShowSpeed deleted the stream and apologized for his involvement. He admitted to making a mistake but insisted that he had no intent to deceive his audience. He emphasized that he did not act maliciously and regretted promoting the project.

How Did IShowSpeed’s Involvement with Paradox Metaverse Impact His Career?

IShowSpeed’s association with the Paradox Metaverse controversy significantly impacted his career, public perception, and relationship with his fans.

• Reputation Damage
  
   
  • IShowSpeed faced harsh criticism from fans and the broader online community for promoting what many perceived as a "crypto scam" or "pump and dump scheme" during his livestream. This led to accusations that he was exploiting his followers, damaging the trust he had built.
    
     
• Loss of Credibility
  
   
  • The controversy highlighted Speed’s lack of due diligence in accepting sponsorships. He admitted his mistake and lack of full understanding regarding the implications of promoting Paradox Metaverse, raising doubts about his judgment and credibility as an influencer.
    
     
• Negative Community Response
  
   
  • During the livestream, viewers flooded the chat with negative comments like "Scam," expressing widespread disapproval. The backlash extended to social media, where fans criticized him for endorsing a questionable project.
    
     
• Association with Fraud
  
   
  • Although Speed apologized and denied any malicious intent, his involvement with a project widely criticized as a scam tainted his image. Critics, including YouTuber Coffeezilla, investigated Paradox Metaverse and labeled it a Ponzi scheme, further fueling the controversy.
    
     

Efforts to Mitigate the Damage

• Public Apology
  
   
  • IShowSpeed issued a public apology for promoting Paradox Metaverse, acknowledging his mistake and emphasizing that he was not a scammer. He expressed regret over his actions and reassured fans that he genuinely cares about them.
    
     
• Content Removal
  
   
  • He deleted the controversial livestream VOD (Video on Demand) and adjusted his content to distance himself from the project. This was an effort to minimize the negative impact of the incident.
    
     

Long-Term Impact

Despite the controversy, IShowSpeed’s career continues to grow due to his large fan base and engaging personality. However, this incident serves as a warning about the risks of poorly vetted sponsorships. It also highlights how influencers can face serious consequences when promoting potentially harmful products or projects to their audience.

Tokenomics of IShowSpeed (SPEED) Crypto

According to the official IShowSpeed (SPEED) Crypto website, the current tokenomics are as follows:

• Total Supply: 42,960,000,000,000,000
  
   
• LP Burned: 100%
  
   
• Tax: 5%
  
   

Conclusion

The IShowSpeed cryptocurrency project reflects both the potential and risks associated with celebrity-endorsed crypto ventures. While it offers investment opportunities, it also raises concerns about transparency and ethical promotion within the crypto space.

IShowSpeed (SPEED) Crypto serves as a compelling example of how a public figure’s popularity can influence the crypto market. However, it is crucial to remember that the crypto market is highly volatile and risky. Always conduct your own research and never invest more than you can afford to lose.

FAQ

What is IShowSpeed (SPEED) Crypto? 

IShowSpeed (SPEED) is a cryptocurrency token associated with the popular YouTuber IShowSpeed.

What is the relationship between IShowSpeed and SPEED Crypto? 

IShowSpeed actively promotes the SPEED crypto across his social media platforms.

What factors influence the price of SPEED Crypto? 

Factors affecting SPEED's price include IShowSpeed’s promotions, market sentiment, and trading volume.

Are there any controversies surrounding SPEED Crypto? 

Yes, there are controversies regarding IShowSpeed’s aggressive promotion of the cryptocurrency.

Where can I buy SPEED Crypto? 

SPEED Crypto is available on certain cryptocurrency exchanges. Be sure to conduct thorough research before making any purchases.