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Crypto Scams? 76% of Promoted Memecoins Are Dead Tokens

  • 76% of promoted memecoins are now worthless, with most collapsing within weeks.
  • Only 1% of influencer-backed memecoins achieve a tenfold increase in value.
  • Influencers with larger followings often promote tokens with the worst performance.
  • Investors face extreme losses with memecoins, as 80% of them lost 70% of their value in one week.

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