We analyzed over 1,500 tokens promoted by 377 Twitter influencers to find out the truth about the performance of influencer-backed memecoins.
The original post: /r/cryptocurrency by /u/Shiratori-3 on 2024-11-25 06:08:30.

SHOCK RESEARCH SUPRISES NO ONE BUT CONFIRMS EVERYTHING YOUVE EVER THOUGHT.

Key Findings

76% of Twitter influencers promote dead memecoins.

2 out of 3 memecoins promoted by influencers are dead.

86% of influencer-promoted memecoins lost 90% of their value in 3 months.

Only 1% of influencers promoted memecoins that gained 10x.