Twitter Influencers and Memecoin Failures: New Study Reveals Alarming 76% Promotion Rate of Dead Tokens
• 1 min read
A comprehensive analysis of 1,567 memecoins reveals that over 76% of Twitter influencers promote tokens that become worthless, with 90% losing 80% of value within one month. The study shows smaller influencers surprisingly outperform larger accounts, while promoters earn an average of $399 per tweet.