Crypto Twitter: A dangerous source for financial advice?
In its latest video, Cointelegraph explains the hidden dangers of seeking financial advice on X and highlights how influencer manipulation has cost investors millions in the crypto market.
In the latest Cointelegraph video, we dive into the hidden dangers of seeking financial advice on X, formerly known as Twitter. While the platform serves as the heart of the crypto community, it also hosts rampant market manipulation and scams.
Through interviews with top crypto influencers and industry experts, the video examines how some high-profile accounts use their reach to influence prices in “pump-and-dump” schemes.
These influencers hype certain tokens, driving up prices to sell at a peak, often leaving regular investors holding near-worthless assets.
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Author: Marco Castrovilli
