🙏 Study: 76% of Twitter influencers are shilling dead memecoins.
‼️ CoinWire analysts analyzed the results of over 1500 tokens promoted by 377 Twitter memecoin influencers. And the data is quite bleak:
"The vast majority, namely 2 out of 3 memecoins promoted by influencers, are dead. 86% of memecoins promoted by influencers lost 90% of their value in 3 months. Only 1% of influencers promoted memecoins that grew 10x."
💜 What conclusions can be drawn from this? Always, before buying anything on someone else's advice - DYOR, do your own research, and DYOR again. No one will just give you a link to a goldmine, don't trust influencers, trust your knowledge and instincts.