https://twitter.com/coffeebreak_YT/status/1621581040539033603?t=Vy7hWZYrxK4mob8EeFMeHw&s=19
It amplifies the need for investors to do their complete research before investing in newly launched projects. Even the person you had been admiring or following on social media platforms can be just promoting a scam. So apply some common sense next time instead of blindly following the expert financial advice of these gurus. Another platform, where this abuse frequently happens is YouTube where creators promote number of fake projects.
I remember the John McAfee, reveals he charges $105,000 per promotional cryptocurrency tweet.
So this is not new as Twitter is one of the best social media to attract new investors in the crypto market and they are using this platform in the past and will continue to do. So I do agree, each and everyone should used their God given common sense instead of blatantly investing on some project just because some so called financial experts advises us in social media.