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Data reveals persistent problem of 'fake followers' on Crypto Twitter

Data reveals persistent problem of ‘fake followers’ on Crypto Twitter

Summary:

– Shiba Inu has the highest number of fake followers among cryptocurrency tokens, followed by Avalanche and Polygon.

– Despite efforts by Twitter management, fake followers remain a persistent problem, with up to 10% of followers of crypto influencers and companies being fake.

– Twitter Blue, introduced by Elon Musk in April 2023, aimed to reduce fake accounts but has not been completely successful.

– DappGambl found that the popularity of tokens influences the number of fake followers on Twitter.

– Samson Mow has the highest percentage of fake followers among crypto influencers, followed by Jack Dorsey, Nayib Bukele, and Vitalik Buterin.

– Elon Musk has over 6.7 million fake accounts following him on Twitter.

– Methods to identify fake accounts include checking account creation date, profile picture, bio, tweets, and followers/following.

– A Twitter bot named Explain This Bob was recently suspended after being called a scam by Elon Musk.