Odaily Planet Daily News CoinWire recently released a report showing that most Meme coins are worthless, and many investors are facing significant losses. The report selected 377 KOLs who have at least 10,000 followers and frequently promote Meme coins, and based on this, compiled a list of 1,567 Meme coins that were promoted in the past three months. The report used Dune Analytics to collect price information at the time of initial promotion, current prices, and prices after one week, one month, and three months. If the current value of a Meme coin has dropped by 90% or more compared to the initial promotion, it is considered dead. The results show that '76% of KOLs who promoted Meme coins are now gone. Two-thirds of the Meme coins they promoted are worthless. This means that many promotional activities driven by KOLs have actually caused losses for investors.' (crypto.news)