Who is Miss Teen Crypto? Can influencers be followed blindly?

July 12, 2022 12:17 PM AEST | By Ankit Sethi

Who is Miss Teen Crypto?

As of writing, the two different pages of the “official” website of Miss Teen Crypto described her as an “18-year-old girl” in love with crypto, and a “19-year-old cryptocurrency influencer”. She has cited her objective as spreading the adoption of cryptocurrencies. The other pages of her website include an “intro on Bitcoin”, and a “1 minute guide” on getting started with cryptos.

Interestingly, Miss Teen Crypto has appeared on some prominent news channels, including Fox Business. She has also been featured on Insider, USA Today, and The New York Times. Besides, she regularly appears at crypto and NFT events, including NFT.NYC.

In one of the videos on her website, she can be seen apparently giving crypto investment lessons to High School students.

What might you do?

As stated earlier, due diligence is paramount when it comes to cryptocurrencies or for that matter any tradable asset. Miss Teen Crypto not only educates on cryptos, but also provides investment advice. Her own NFTs are also available, which indicates that she can be less critical of any weaknesses that trouble cryptos.

This year so far, cryptos have had a tough time maintaining an even short-term positive price movement. The total market cap has fallen well under US$1 trillion, and new NFT launches of Madonna and Hot Wheels have not produced the same thunder as some previous assets of Beeple and Pak.

Bitcoin price

Bitcoin, which indicates a lot about the crypto market, is trading at under US$20,000, as of writing. In November last year, it was nearly US$68,000, and the price at the beginning of this year was US$47,000.

Bitcoin price

Data provided by CoinMarketCap.com

Bottom line

There are many crypto influencers including Miss Teen Crypto, who has her focus on Gen Z. It is quite possible that some of the young crypto enthusiasts view these influencers as a source of learning. While nothing can be termed bad, it is advisable to always perform due diligence, especially when the cryptoverse has manifested extreme volatility in 2022.

Also read: Understanding basics of cryptocurrency taxation in Australia

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