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Study: 76% of X Influencers Promoted Now-Defunct Meme Coins

A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Study: 76% of X Influencers Promoted Now-Defunct Meme Coins
A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of crypto influencers on X promoted meme coins that are now defunct. Moreover, two-thirds of the […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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