The Twitter and instagram influencers have helped to drive a large number of crowds towards a particular coin and it has created alot of awareness to the general public and have had alot of serious discussions and video on different coin .this two social media platforms has helped companies massively to create a huge data base, awareness,increase customers and smiling to the bank .
Of course, social networks significantly impact crypto and even NFT. In a sense, crypto has a greater chance of success if many people believe in the success of a particular coin. It’s like economics - the law of supply and demand. Is it mass manipulation? Of course, it is a tool like anything else in marketing. The chance that a person will support a product, service, or coin depends on how many people have already endorsed it. Therefore, the role of Instagram here is hard to overestimate. It gives people a sense of massive support for the project. Humans, deep down, like being like everyone else. It is the mind of the crowd. Therefore, the crypto also uses services for buying likes on Insta and more. The more engagement a coin has on Instagram, the higher the chance more people will trust the project and invest in it.
