💸 Most X-Promoted Memecoins Crash Hard

A study analyzing 1567 tokens and 377 bloggers with 10K+ followers reveals harsh truths:

◽️ 80% of promoted memecoins lose 70% in value within a week.

◾️ 90% drop 80% after a month.

◽️ 86% crash 10x within three months.

Interestingly, the more followers a blogger has, the worse the promoted tokens perform. 🔥