Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward.
I also saw one
post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real".
Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects.
Indeed ta volume of members in the Telegram group does not translate the success of the crypto project. And in my opinion, reputation of telegram communities having big members is not very legit anymore and even becomes a way to scam people. I have seen many successful projects that does not have telegram communities but use other social network platforms like Reddit and Discord. Knowing and researching other the project is still a better way to invest in the project than it.