CryptoQuant founder: Platform X prefers to restrict encrypted content rather than improve bot detection.
TL;DR
CryptoQuant founder criticizes X platform for restricting crypto content instead of enhancing bot detection, as automated spam surges with over 7.7 million daily posts. The platform's paid verification system is exploited by bots, while legitimate users face penalties.
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According to Odaily Odaily, CryptoQuant founder Ki Young Ju stated that while the X platform is trying to curb the influence of cryptocurrency-related posts, it has failed to stop the surge in automated spam, effectively punishing legitimate users. Data shows a surge in automated activity related to the keyword "crypto," generating over 7.7 million posts daily. Ki Young Ju pointed out that the X platform cannot distinguish between automated and real accounts, and its paid verification system has become a tool for bots to send mass messages.
Nikita Bier, product manager at X platform, stated that the visibility issue in the crypto community stems in part from users excessively posting low-value content, such as repeatedly sending "gm," which dilutes an account's daily reach. Ki Young Ju responded to this statement, calling X platform's preference for banning crypto content over improving bot detection absurd. Currently, X platform remains a major real-time communication hub in the crypto industry.