Crypto: Fake followers persist on Twitter

Despite efforts, the problem of fake crypto followers persists on Twitter. This undermines the credibility and engagement of crypto users.

The crypto accounts on Twitter with the highest numbers of fake followers

Fake followers, a long-standing problem on Twitter

Even though Elon Musk has taken over the reins, Twitter still faces a major problem: fake followers. This scourge affects all crypto communities.

According to the results of a survey conducted by dappGambl, Shiba Inu holds the record of the largest number of fake subscribers. We are talking about a rate of 10.26%. That would be the equivalent of 80,000 accounts. This problem also concerns Avalanche and Polygon, with respectively 8.14% and 7.58% of fraudulent accounts.

always according to the data by dappGambl, nearly 10% of subscribers influencers and crypto companies could be fake accounts.

In April 2023, Elon Musk launched Twitter Blue. It is an $8 monthly subscription developed in order to increase revenue from the platform. But not only ! It also aims to make bots and fake accounts financially unviable. Unfortunately, the reality is quite different! And the data published by dappGambl clearly proves it.

Influential Crypto Personalities and Their Fake Twitter Followers

The founder of the crypto startup Jan3, Samson Mow, has the highest percentage fake Twitter followers. Currently, he is followed by 26,000 fake accounts. This represents 10% of his total number of followers on Twitter.

Twitter co-founder Jack Dorsey has 560,000 (8.62%) fake followers. El Salvador President Nayib Bukele and Ethereum co-founder Vitalik Buterin each have nearly 6.5% fake subscribers. Other influential crypto personalities also added to the list:

  • MicroStrategy co-founder Michael Saylor: 6.16%
  • Binance CEO Changpeng Zhao: 5.58%
  • Tesla CEO Elon Musk: 4.76%

Despite the measures taken to combat this problem, fake accounts continue to proliferate on Twitter. They not only compromise data, but also credibility and commitment users on the platform.

Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of newsletter daily and weekly so you don’t miss any of the essential!

Similar Posts