According to Milk Road (@MilkRoadDaily), there is a rising trend of washed out celebrities promoting their own meme coins, which raises significant trading risks for retail investors. These celebrity-endorsed projects often lack transparent fundamentals and long-term value, increasing the likelihood of volatility and potential pump-and-dump scenarios. Traders should exercise heightened caution and prioritize due diligence when encountering coins promoted by celebrities, as such tokens have a history of underperforming compared to established cryptocurrencies. Source: Milk Road (@MilkRoadDaily), June 10, 2025.

According to @KookCapitalLLC on Twitter, many crypto opinion leaders (KOLs) claim to be profiting during parabolic bull phases, but in reality, a significant portion exited positions early, missing substantial profits (source: twitter.com/KookCapitalLLC/status/1921885836024357208). For traders, this highlights the importance of managing psychological biases and sticking to a disciplined trading strategy, especially during volatile bull markets. The prevalence of this behavior among 95% of KOLs serves as a cautionary lesson for retail investors to verify information and avoid following herd mentality during rapid market upswings.