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Crypto Companies Pull Back on Marketing After Their Super Bowl Blitz

  • 📰 WSJ
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  • 2 min. at publisher
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  • News: 10%
  • Publisher: 63%

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Many cryptocurrency brands are putting the brakes on their marketing spending, a shift that has left ad sellers and agencies questioning whether crypto is going to be the cash cow they had anticipated

Selloffs continued to batter major U.S. stock indexes, with the S&P 500 entering bear-market territory in May for the first time in more than two years. WSJ’s Caitlin McCabe looks at some of the key causes behind the market volatility.

Photo: John Minchillo/Associated PressMonths after top cryptocurrency brands spent hundreds of millions of dollars on advertising campaigns, sponsorship deals and Super Bowl ads in a bid to turn themselves into household names, many are now putting the brakes on their marketing spending.in value, increased scrutiny from regulators

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

It was never going to be the cash cow because it was never based on actual money.

Well, it is a pyramid scheme. There are four suckers born every second.

Lol crypto nerds are too busy serving up non fungible whoppers with non fungible fries to watch TV

Crypto has blown the trust factor. Hard to earn it back.

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