Deep Tide TechFlow news, according to Bitcoin.comNews, Coinwire's latest research report shows that 76% of cryptocurrency KOLs on platform X have promoted Meme coins that are now worthless, with two-thirds of the tokens promoted completely losing their value. The data shows that among 377 surveyed KOLs, only 1% of the promoted Meme coins achieved a tenfold increase.
The research found that 80% of the promoted Meme coins plummeted by 70% within a week, and after a month, 90% lost 80% of their value, while 86% plummeted over 90% after three months. KOLs with over 200,000 followers had the worst promotion results, with an average loss of 39% a week later, which expanded to 89% after three months. In contrast, small accounts with fewer than 50,000 followers saw an average gain of 141% on their promoted projects after three months.