STUDY: 76% OF TWITTER INFLUENCERS PROMOTE DEAD MEMECOINS

Summary from the TLDR Crypto newsletter

A study analyzing over 1,500 memecoins promoted by 377 Twitter influencers found that 76% of influencers promote “dead” memecoins, meaning 86% of these coins lose 90% of their value within three months. Notably, only 3% of promoted tokens achieve a 10x gain, with smaller influencers (e.g., <50k followers) showing slightly better outcomes than their larger counterparts.