The latest Cointelegraph video delves into the perils of seeking financial guidance on X, previously known as Twitter. Despite being a hub for the crypto community, the platform is rife with market manipulation and fraudulent activities. The video features insights from prominent crypto figures and experts, shedding light on how influential accounts exploit their followers in pump-and-dump schemes. By artificially inflating token prices through hype, these influencers deceive investors into purchasing nearly worthless assets. Moreover, the video exposes how influencers establish emotional connections with their audience, fostering trust and encouraging impulsive investments without proper due diligence. Transparency emerges as a key concern, with many influencers concealing conflicts of interest and profiting from undisclosed partnerships. For a comprehensive understanding of the risks associated with Crypto Twitter and strategies to mitigate them, watch the full video on Cointelegraph's YouTube channel. Read more AI-generated news on: https://app.chaingpt.org/news