{"id":3259,"date":"2024-11-25T17:02:48","date_gmt":"2024-11-25T17:02:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3259"},"modified":"2024-11-25T17:02:48","modified_gmt":"2024-11-25T17:02:48","slug":"dont-get-fooled-by-the-success-of-dogecoin-shiba-inu-76-of-x-twitter-influencers-promote-dead-meme-coins-study-reveals","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3259","title":{"rendered":"Don&#8217;t Get Fooled By The Success Of Dogecoin, Shiba Inu: 76% Of X (Twitter) Influencers Promote Dead Meme Coins, Study Reveals"},"content":{"rendered":"<div>\n<p>A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on <strong>X<\/strong> (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/02\/37184038\/crypto-trader-sinks-88-900-on-drake-affiliated-wynn-i-will-never-forgive-you-for-making-me\">nearly all their value<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The <a href=\"https:\/\/coinwire.com\/76-percent-twitter-influencers-promote-dead-memecoins-study\/\">study<\/a>, by <strong>CoinWire<\/strong>, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted are now classified as &#8220;dead.&#8221;<\/p>\n<p>The report&#8217;s findings are particularly concerning for retail investors drawn to the hype surrounding popular meme coins like <strong>Dogecoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) and <strong>Shiba Inu<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/shib\/usd\">SHIB<\/a>). <\/p>\n<p>While established tokens such as DOGE and SHIB have maintained significant market presence and liquidity, many of the promoted meme coins &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42169183\/dont-get-fooled-by-the-success-of-dogecoin-shiba-inu-76-of-x-twitter-influencers-promote-d\" alt=\"Don't\" get fooled by the success of dogecoin shiba inu: x influencers promote dead meme coins study reveals>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A new report has revealed a startling trend in the cryptocurrency market: 76% of influencers on X (formerly Twitter( promoting meme coins are endorsing tokens that eventually lose nearly all their value. What Happened: The study, by CoinWire, analyzed 1,567 meme coins promoted by 377 influencers, uncovering that two out of three tokens they promoted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3259","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3259"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3259\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}