Study Reveals Crypto Influencers’ Recommendations Lead to Losses
The average cumulative return on positions opened based on crypto influencers’ signals on X was -2.24% after 10 days and -6.53% after 30 days, according to researchers from three universities. The return on investments on the first and second days following recommendations was 1.83% and 1.57%, respectively, with small-cap tokens seeing a 3.86% increase after […]