According to Bitcoin News, a Coinwire research report shows that 76% of cryptocurrency KOLs on platform X have promoted Meme coins that are now worthless, with two-thirds of the promoted tokens completely losing their value. The data indicates that among the 377 surveyed KOLs, only 1% of the promoted Meme coins achieved a tenfold increase. 80% of the promoted Meme coins plummeted by 70% within a week; a month later, 90% of the Meme coins saw their prices drop by 80%; three months later, 86% of the Meme coins had their value shrink to one-tenth of the original. KOLs with over 200,000 followers had the worst promotion results, with their promoted projects averaging a 39% loss after a week and a loss expanding to 89% after three months. In contrast, small accounts with fewer than 50,000 followers had their promoted projects averaging a 141% positive return after three months.