Opinions expressed by Entrepreneur contributors are their own. Buying followers on Instagram is becoming more popular, with many celebrities, influencers and companies purchasing them to boost their social status. People are paying for these fake accounts to create the illusion that they have a more significant following than they do. This phenomenon has become so widespread that some people are even buying likes on posts to boost their number of followers further.How much does it cost to buy followers on Instagram?Buying followers on Instagram comes with a range of different prices. On some sites, it’s possible to buy 100 followers for $7. That’s not too bad if you’re looking for some quick gratification. A more expensive option is to buy 10,000 followers on Instagram for $520. The most expensive option is to buy 5,000,000 followers on Instagram for $1300.Related: 7 Ways to Boost Your Business Instagram AccountHow to tell if someone is buying followers for their profileIf you follow someone on Instagram and notice that they have many followers but very few posts, it’s more than likely that they are buying followers. The easiest way to tell is to look at the person’s follower-to-following ratio.If this ratio is meager (less than 1), then chances…
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