On July 1, the new user barrier of the social media platform Twitter made quite a splash. It is stated that the new decision of the platform, managed by billionaire investor Elon Musk, will also have an impact on the crypto money markets.

Twitter Restriction!
The update includes the introduction of stricter rate limits. According to Twitter, this will regulate the number of tweets users can see per day. Musk, on the other hand, defended the new rules, stating that it was done in good faith. He also added that the rule will address “Twitter addiction” and system manipulation.
This change could have far-reaching consequences for the cryptocurrency market. As one of the social media platforms where the crypto discussion thrives, the update could lead to restrictions on disseminating information. It can also affect the functionality of crypto-related projects. In general, few projects use the platform as the fastest information tool for their community.
While most of the projects are verified accounts, the failure of the thousands to millions of crypto communities to view the information may mean that this has been done in vain. Also, it's not new news that analysts prefer to engage with their communities via the micro-blogging platform. But with the new policy in place, things can get tricky on behalf of these goals.
Cryptocurrency Effects!
ReBlonde Co-CEO and President Motti Peer made statements on the subject. Peer, who is also a financial market and crypto expert, said the new rule could have a negative impact on overall market health.
These limits pose challenges for social interaction, coin visibility, and the potential spread of Fear, Uncertainty, and Doubt (FUD). Users may find it difficult to keep up with the evolving crypto landscape, which impacts discussions, networks, and collaboration.
In addressing the issue further, Peer mentioned that limited access to tweets can hinder informed investment decisions. He also added that it could increase the negative mood in the market. While emphasizing that users should explore other alternatives, Peer also made the point that the rule could pull back cryptocurrency participation.
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