BlockBeats reports that on November 25, according to a recent research report from Coinwire, 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. Data shows that among 377 surveyed KOLs, only 1% of the promoted Meme coins achieved tenfold growth.
Research shows that 80% of promoted Meme coins plummet 70% within a week, 90% lose 80% of their value after a month, and 86% crash over 90% after three months. KOLs with over 200,000 followers have the worst promotion results, with their promoted projects averaging a 39% loss after a week and losses expanding to 89% after three months. In contrast, small accounts with fewer than 50,000 followers average a 141% positive return on their promoted projects after three months. (Bitcoin.comNews)