Only 1% of promoted Meme coins have increased in value tenfold. What are the special traits of these rare successful Meme coins? Is it their outstanding project innovation or the strong capabilities of the team behind them?

Friends, let’s look at an important message. According to Coinwire research, over three-quarters (76%) of Meme coins promoted by crypto KOLs on X are no longer in existence, and two-thirds are worthless. Among the 377 identified influencers, only 1% promoted Meme coins have increased in value tenfold.

📄 The report reveals the harsh reality for investors blindly investing in Meme coins based on KOLs’ enthusiastic recommendations. These unregulated promotions have led investors into a pit of failure, with 80% of meme coins losing 70% of their value within a week, 80% dropping after a month, and tenfold declines within three months after promotion.

👀 The research also found that KOLs with over 200,000 followers performed the worst, bringing about a negative return of approximately 39% a week after promoting Meme coins, and reaching a negative return of 89% after three months. KOLs with fewer than 50,000 followers performed better, yielding a positive return of 25% after a week, and a positive return of 141% after three months.

Everyone should be vigilant when investing in cryptocurrencies and not follow trends blindly.

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