đš BIG CRYPTO WARNING: Influencer Hype Is Costing Traders Millions đš
Something serious is happening in the crypto space and new traders are the main targets.
A well-known early Bitcoin supporter, Davinci Jeremie, is once again trending in crypto discussions but this time, not for Bitcoin education.
Many traders are raising concerns about influencer-driven memecoin promotions that follow a dangerous pattern.
đȘ How New Traders Get Trapped
These memecoins are often marketed with powerful phrases like:
âIf you missed Bitcoin, donât miss this one.â
For beginners, this triggers FOMO.
They rush in, believing theyâre early on the ânext Bitcoin.â
đ What Usually Follows
After heavy promotion: Price spikes rapidly, Early insiders exit, Liquidity dries up, The token collapses.
This pattern is widely known in crypto as a pump-and-dump and retail investors pay the price.
đ Why This Keeps Working
Many beginners trust reputation over research.They assume popularity equals honesty but in crypto, attention is often monetized.
Influencers profit from hype.
Retail traders absorb the losses.
đ How to Protect Yourself
Before buying any hyped token, ask:
đIs the team transparent?
đIs there real utility?
đAre token allocations public?
đIs anyone promising âguaranteed profitsâ?
If someone says âthis is the next Bitcoinâ đ© walk away.
đ§ Crypto offers opportunity but it also rewards critical thinking.Never outsource your financial decisions to influencers.
đšDYOR. Protect your capital. Stay disciplined.
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