Study Reveals Dark Side of Influencer-Promoted Memecoins: 76% End in Failure
A comprehensive CoinWire study analyzing 1,500 memecoins reveals that 76% of influencer-promoted tokens become worthless, with 86% crashing within three months. Surprisingly, smaller influencers achieved better results while larger accounts led to worse outcomes for investors.
Polymarket's Bold Move: US Influencers Promote Election Betting Despite Ban
Prediction market platform Polymarket recruits American social media influencers to promote election betting content, despite federal restrictions. The controversial strategy raises questions about compliance with regulations and highlights the complex relationship between crypto-based prediction markets and traditional betting laws.
From Bathroom to Boardroom: Polymarket's Surprising Rise in Election Forecasting
Discover how Shayne Coplan's bathroom-based startup evolved into Polymarket, a prediction platform that accurately forecasted the 2024 U.S. presidential election. Learn about its meteoric growth and the power of prediction markets in shaping political discourse.