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The truth of the data: 2/3 of the Meme coins promoted by KOLs have returned to zero, and only 1% of the tokens have incr

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Penulis asli: CoinWire

Article translation: TechFlow

As the Memecoin craze took off, many Twitter influencers packaged these tokens as get-rich-quick investment opportunities. However, our research revealed a sobering truth: most Memecoins are already dead, and the vast majority of investors ended up suffering significant losses. To uncover the true face of the Memecoin world, we analyzed the performance of more than 1,500 tokens promoted by 377 Twitter influencers. Here are the results of the data analysis.

Key findings

  • 76% of Twitter influencers have promoted the death Memecoin

  • 2/3 of Memecoins promoted by influencers are dead

  • 86% of Memecoins promoted by influencers saw their value plummet by 90% in 3 months

  • Only 1% of Memecoin promoted by influencers achieved 10-fold growth

Research Methods

We screened 377 Twitter influencers with at least 10,000 followers who frequently promote Memecoins, and then compiled a list of 1,567 Memecoins promoted by them in the past three months.

Through Dune Analytics, we collected data on the price of these tokens when they were first promoted, their current price, and their price change one week, one month, and three months after promotion.

We define a “dead” Memecoin as a token whose current value has dropped by at least 90% from its initial promotion price.

Most Twitter influencers are promoting the death Memecoin

The study found that 76% of Twitter influencers had promoted the now-dead Memecoin. In fact, 2/3 of the Memecoins promoted by influencers have become worthless. This shows that a large number of projects promoted by influencers are actually digging pits for investors. These promotions often mislead inexperienced investors and make them blindly participate without understanding the risks.

The real performance of influencers promoting Memecoin

The actual performance of Memecoin is very different from the glamorous image promoted by influencers. Data shows that these promotions almost never deliver on their promises:

  • One week after the promotion, 80% of Memecoin lost 70% of its value.

  • One month after the promotion, 90% of the tokens fell in value by a further 80%.

  • Three months after the promotion, 86% of Memecoin’s value plummeted to 1/10 of its original value.

These data clearly show that Memecoin promoted by influencers does not have long-term investment value and may instead cause investors to suffer significant losses.

The truth of the data: 2/3 of the Meme coins promoted by KOLs have returned to zero, and only 1% of the tokens have incr

This phenomenon highlights the great instability and high risk of Memecoin promoted by influencers. Data shows that most investors suffered serious losses within just a few weeks of investing their funds.

It is almost impossible to achieve 10 times the profit through Memecoin promoted by influencers

Memecoin is attractive mainly because of its seemingly huge profit potential. However, the actual situation is far from what is expected:

  • Only 1% of influencers have successfully promoted Memecoin, which has increased 10 times.

  • Only 3% of Memecoin promoted by influencers achieved a 10-fold growth.

This suggests that while influencer campaigns create a lot of hype, the likelihood of earning high returns from these promotions is slim.

The more fans you have, the worse the promotion effect

Interestingly, the more followers an influencer has, the worse the Memecoin they promote performs:

The truth of the data: 2/3 of the Meme coins promoted by KOLs have returned to zero, and only 1% of the tokens have incr

  • For influencers with more than 200,000 followers, the Memecoin they promoted lost an average of 39% after one week, and as much as 89% after three months.

  • The Memecoin promoted by small influencers with less than 50,000 fans performed more positively: the average return was 25% after one week, and the cumulative return was as high as 141% after three months.

This suggests that small influencers may be more inclined to promote projects authentically, while large influencers may focus more on economic benefits and ignore the quality of the projects they promote.

Influencers profit from Memecoin promotion

To estimate how much influencers earn from promoted tweets, we used TweetHunter’s Twitter earnings calculator.

Although investors often face losses, influencers can obtain rich financial returns through Memecoin promotion. Data shows that each promoted tweet can bring an average income of $399 to the influencer and receive nearly 15,000 views. This shows that the motivation of influencers to promote Memecoin mainly comes from economic interests. Even if these tokens may have higher risks, they can still make a profit from them, while the audience may face losses.

Kesimpulannya

Research data reveals a worrying reality: Memecoin promotion led by influencers does more harm than good to ordinary investors. Data shows that 76% of influencers have promoted dead tokens, and the probability of achieving a 10x return through these tokens is extremely low. This shows that influencers promotion behavior is more for their own economic interests rather than for the sake of their fans. Investors should remain vigilant and rationally evaluate the true value behind these promotions to avoid blindly making decisions due to social media hype.

It should be noted that we cannot obtain this data because some influencers have deleted the promoted tweets that did not bring positive results. Therefore, the actual situation may be more serious than the research results show.

The truth of the data: 2/3 of the Meme coins promoted by KOLs have returned to zero, and only 1% of the tokens have incr

This article is sourced from the internet: The truth of the data: 2/3 of the Meme coins promoted by KOLs have returned to zero, and only 1% of the tokens have increased 10 times

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