According to @zachxbt, a new Solana meme coin presale received 150+ promotional posts from lower-tier influencers with millions of botted followers and likes but raised only 65 SOL, with few disclosure labels on the posts. Source: ZachXBT on X, Aug 23, 2025, https://twitter.com/zachxbt/status/1959237311880966480. He characterizes the campaign as destined for failure due to the mismatch between heavy influencer promotion and minimal presale funding, alongside disclosure gaps. Source: ZachXBT on X, Aug 23, 2025, https://twitter.com/zachxbt/status/1959237311880966480. For traders, undisclosed paid endorsements are noncompliant with the FTC Endorsement Guides, creating regulatory enforcement risk around such promotions. Source: Federal Trade Commission Endorsement Guides, ftc.gov. The SEC has warned investors about celebrity and influencer promotions of crypto offerings and urges independent due diligence before purchasing tokens advertised online. Source: SEC Office of Investor Education and Advocacy Investor Alert on celebrity endorsements of crypto offerings, investor.gov (2017).