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  1. coinfeeds-bot on

    tldr; A report by crypto communications firm Chainstory reveals that 62% of crypto press releases come from high-risk or scam projects. The analysis of 2,893 press releases found that many originate from projects with anonymous teams, unrealistic return claims, or links to scams. Crypto press release services often operate on a pay-to-play model, allowing questionable projects to gain visibility without rigorous checks. Only 27% of releases were from credible projects, with most announcements being low-impact or promotional in nature.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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