šØ The Meme Coin Survival Rate: Are Influencers Killing the Game?
According to a study by Coinwire, only 1% of meme coins promoted by influencers manage to āsurviveā and make it to the moon. Meanwhile, a staggering 76% of influencers on Platform X (you know the one) are pushing projects that are already DOA.
Hereās the kicker:
ā¢ 2 out of 3 meme coins are pronounced dead on arrival.
ā¢ 86% of them lose 90% of their value within just 3 months.
So, the big question is: Are influencers inflating the hype just to dump on retail, or are they unknowingly promoting doomed projects? Whatās your take on this broken ecosystem? Drop your comments below! š