A dangerous source of financial advice?
In our latest Cointelegraph video, we dive into the hidden dangers of getting financial advice on X, formerly known as Twitter. While the platform serves as the heart of the crypto community, it also hosts a wide range of market manipulations and scams.
Through interviews with top crypto influencers and industry experts, the video examines how some high-profile accounts use “pump-and-dump” schemes to influence prices.
These influencers talk up certain signals, raising the price to sell at a higher level, often leaving regular investors to hold on to worthless assets.
Experts show how influencers build emotional connections with followers, increase success, and foster trust—making it easier for people to make risky investments without adequate research.
Transparency is still a critical issue. Many influencers fail to disclose conflicts of interest, misleading followers into believing they are receiving unbiased advice. In fact, these influencers can profit from anonymous partnerships with token projects.
To learn more about the dangers of Crypto Twitter and how to avoid them, watch the full video on our YouTube channel.
