"Because influencers build emotionally linked self-selected communities, investors’ behavior will likely differ from those who invest in traditional [assets]."
Some parallels to other meme assets here, it seems.
link.springer.com/article/10.1...
Merkley et al. (2023) examine how cryptocurrency influencers recommend digital coins on Twitter (X) and the associated price effects. They report that influencers may exploit market investors via pote...
Up to $1tn of SpaceX’s IPO value rests on Elon Musk htting multiple moonshots, including reaching Mars with reusable rockets and putting data centres into orbit. "You’re paying for a possible but not nearly entirely likely scenario," said one analyst.
Read the story on #FTEdit 👉 ft.trib.al/JsaeSPl
