How fake is Bitcoin volume? 
--2019 Bitwise Asset Management study which analyzed 81 Cryptocurrency Exchanges found that 95% of Bitcoin Trading Volume was fake.

--2022 Forbes estimated that 51% of #BTC trade volume was fake.

--2023 Crytocompare found that 64% of BTC volume on unregulated exchanges was fake, 36% on regulated exchanges.

--2023 Chainalysis estimated that 30-40% of all crypto volume was fake.

And now we are in a bull run, with a US President that launched his own shitcoin that already over 100,000 people have lost money. 

How much fake volume is that worth? 90%? 95%? Higher? Yeah...higher.

And you are thinking of trying your luck at #Crypto?
#BTC #Crypto