- X’s Head of Product Nikita Bir spoke about blocking accounts that mention cryptocurrencies for the first time.
- This is how the social network will combat the advertising of fraudulent tokens through hacked accounts.
- These same rules will make it difficult to promote new memecoins.
Company X is preparing to automatically block Twitter accounts that mention cryptocurrency for the first time. Happy Coin News I decided to figure out what consequences this might have for memecoin communities built solely on social activity.
As you know, on April 1st, Nikita Bir, Head of Product Department X confirmed the existence of this mechanism:
We are in the process of implementing automatic blocking and verification if a user posts about cryptocurrency for the first time in their account history.
The new rules will specifically target the first mentions of cryptocurrency, as, according to Beer, 99% of phishing attacks are carried out through hacked accounts not previously associated with digital assets. This move followed complaints from users who had lost their credentials, even with two-factor authentication.
For memecoins that rely on virality from their first post, this is a direct hit to the top of the sales funnel.
Bot crisis Social media platforms using artificial intelligence and hacked accounts have already undermined trust in the platform’s own crypto signals. In responding to this challenge, developers have effectively equated legitimate and fraudulent projects, making life equally difficult for both.
Meanwhile, in the first quarter of 2026, the memecoin segment showed a recovery from the sharp decline of 2025: market capitalization grew from $35 billion to $47-60 billion. This growth was accompanied by a surge in trading volumes and the return of retail investors, but the market remains volatile and faces frequent sharp corrections.
Coinmarketcap data
The main drivers were the general improvement in sentiment in the crypto market, the growth of BTC and activity in ecosystems Solana.
Despite the positive dynamics, the sector remains high-risk due to the large number of scam projects and one-day tokens.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making any investment decisions.