60% of crypto press releases are from high-risk projects.

According to a study conducted by Chainstory, more than 60% of crypto press releases belong to high-risk or fraudulent projects. The research emphasizes that only 2% contain meaningful news.

Crypto press release distribution services often create an illusion of legitimacy by presenting misleading marketing content alongside unverified announcements and legitimate news. This allows questionable projects to escape scrutiny, increases search visibility, and potentially misleads readers.