renzd octanz
@renzdoctanz
Crypto KOLs' "shout-out" traps include: 1. **Pump and Dump**: KOLs hype low-cap tokens, then sell after prices spike, leaving followers with losses. 2. **Paid Promotions**: Many KOLs push projects for profit, not merit, hiding conflicts of interest. 3. **False Expertise**: Self-proclaimed experts often lack real trading success, misleading naive investors. 4. **Short-Term Gains**: Hyped tokens may surge briefly (e.g., 3.86% in a day) but often crash within days (-6.53% in 30 days). 5. **Lack of Regulation**: Unregulated markets allow shady practices like fake performance claims. Investors risk significant losses (e.g., $79 loss on $1,000 in 30 days). Always verify claims and avoid blind trust. Sources: - https://finance.sina.cn/2024-05-16 - https://www.tuoluo.cn - https://www.theblockbeats.info
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