Analysis: Most Influencer-Promoted Memecoins Drop by 70% Within a Week

Analysis: Most Influencer-Promoted Memecoins Drop by 70% Within a Week Memecoins, often propelled by hype and celebrity endorsements, have long been a volatile segment of the cryptocurrency market. A recent CoinWire report, shared by Wu Blockchain on X, reveals that 80% of memecoins promoted by influencers experience dramatic price crashes, plunging by 70% within a

Source: Bitcoin World