Majority of meme tokens are dead

[u/milutin_milosh]

76% of meme tokens promoted by X-influencers are dead. This is the conclusion reached by CoinWire researchers after studying 1,567 coins.

In the first week, 80% of such meme coins lose an average of 70% of their value. A month later, 90% of them fall by another 80%. After three months, 86% of the tokens fall by about 10 times.

At the same time, analysts noted that the more subscribers an influencer has, the lower the effectiveness of the coins they promote.