The vast majority of memecoins promoted by influencers on X (former Twitter) turn out to be “dead” — their value falls by 90% or more within three months. This is the conclusion reached by analysts at CoinWire
The market analysis conducted by the researchers covers 1,567 tokens. We are talking about coins that were advertised on social networks by 377 influencers. The authors of the work warn that trust in opinion leaders can lead to losses.