Can You Trust the Crypto Advice on TikTok?

More than 1 out of 3 influencers on TikTok have been found to post misleading videos about cryptocurrency a recent study found.

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More than 1 out of 3 influencers on TikTok, the go-to social media platform for the young generation, have been found to post misleading videos about Bitcoin BTC and cryptocurrency investments in a recent study by dappGambl.

TikTok has been widely adopted as a video-based alternative to Google searches. However, some influencers have been found to share unvetted misinformation on the social media platform about crypto investments, often trying to convince unwary viewers to put their (or their parents) hard-earned money into loss-making cryptocurrencies. Are you looking for a solution for Crypto Trading Addiction?

TikTok influencers use the hashtag ‘ #cryptok’ while posting crypto-related content. An analysis of over 1,161 such TikTok videos — conducted by dappGambl — revealed that over one in three videos on crypto TikToks were misleading. The research also found that merely 1 in every 10 cryptok accounts or videos contained some form of disclaimer that warned users about…