On July 1st, social media platform Twitter’s new user restriction had made significant headlines. It has been suggested that the recent decision made by the platform, managed by billionaire investor Elon Musk, could impact the cryptocurrency markets. Twitter Restrictions! The update involves the introduction of stricter rate limits. According to Twitter, this will regulate the number of tweets users can see per day. Musk defended the new rules stating they were implemented with good intentions. He added that the rule will tackle “Twitter addiction” and system manipulation. This change could have broad implications for the cryptocurrency market. As a platform where crypto discussion thrives, the update could impose restrictions on spreading information. It could also affect the functionality of projects related to crypto. Generally, several projects use the platform as the fastest information tool for their communities. Although most of the projects have verified accounts, it could be a waste […]
The post Twitter’s New User Limit Might Impact Cryptocurrency Markets appeared first on COINTURK NEWS.