💸 How meme-coins turn into pumpkin 🎃
CoinWire researchers found that 86% of meme-tokens promoted by bloggers on X (formerly Twitter) over the last three months have lost 90% of their value! 🤯
1. Within a week after advertising, the prices of 80% of tokens fell by 70%. 📉
2. After a month — 90% of coins lost 80% of their value. 😱
3. And after three months — 86% of meme-coins became ten times cheaper. 😵
Only 1% of these coins managed to soar and bring tenfold returns. 🏆
💡 Interesting fact: The more followers a blogger has, the less likely their advertising will be profitable!
• For influencers with 200,000+ followers, the results are generally poor: down 39% in a week and down 89% in three months. 🤦♂️
👛 But you know who always profits? Influencers! They earn an average of $399 per tweet. 🎉