Does following developers of a token on social media help to know when that token would pump?

[Fidelia]

I was advised today to pick a crypto token that I have liked and researched in and follow the developers of that token on social media. The explanation is that you might get updates by such developers some updates they are adding to the token, so one can predict of there would be a pump soon.

Following token developers on social media helps in profiting from that token?

 

[magnus2022]

I doubt if it will be a good source of information because any token developer will like to present the token in positive light which may not be a balanced view of the market . It will be better to choose source of information that will be neutral and have no interest in the token.

 

[eLdavis]

You can follow the developer, but i think it would be better not to rely on the information you get from there alone.

 

[Suba]

A few years ago, when Tron (TRX) was launched, I followed its founder Justin Sun, I actively staked Tron in several wallets, the founder often made promotions so that we were tempted to add tokens, but unfortunately at that time the price of Tron dropped drastically. so I lost money.

 

[Augusta]

In every thing about investments you need to criticize information you get whether from the founder or not. Some might just be fake