Earlier this month, X’s “crypto community” policy began to severely crack down on crypto accounts.
On April 2, X announced that accounts would be automatically locked and required to verify their identity the first time they posted a cryptocurrency post. Product manager Nikita Bier publicly stated that this would "eliminate 99% of phishing accounts," and took the opportunity to criticize Google for condoning phishing emails.
The crypto community reacted strongly, pointing out that this was an attempt to suppress Crypto Twitter, and the entry barrier for new accounts was directly raised.
But today, Nikita Bier posted a sentence: "Crypto has had a terrible year, we should release something new to solve this situation." This sentence immediately caused an uproar on social media.
After the tweet went live, two official crypto influencer accounts jumped in almost simultaneously. Solana's official account retweeted and interacted with the tweet within 47 seconds, while CoinGecko commented, "Sounds very bullish for the market."
Looking back at X platform's product moves related to cryptocurrency this year, on February 14th, it announced that Smart Cashtags would be launched within weeks, allowing X's 600 million users to directly buy cryptocurrencies and stocks, which was met with widespread acclaim in the community at the time.
With the policy of locking encrypted accounts announced this month, many people believe it's a direct blow to Crypto Twitter. Less than two weeks later, Crypto Twitter officials said, "Perhaps we should introduce something to solve this."
Perhaps this hints at a major cryptocurrency-related feature launch? We don't know for sure yet, but we'll keep you updated.
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