Cointelegraph has highlighted several standout moments from Crypto X in 2024 that significantly influenced the crypto landscape.
In January, a fake post on the SEC’s X account claimed approval of Bitcoin ETFs, causing Bitcoin prices to surge. The SEC soon clarified that their account had been hacked and no approval had been granted. The FBI later arrested a suspect linked to the incident.
Donald Trump, during his presidential campaign, expressed support for cryptocurrency, igniting interest across the platform. His social media posts, notably emphasizing support for Bitcoin and related industries, made waves within the crypto community.
A notable exchange took place when “Malcolm,” a representative from the DeGods NFT project, questioned Trump about his stance on crypto businesses. This interaction was believed to have influenced Trump’s favorable stance on crypto regulation.
Changpeng Zhao, the founder of Binance, returned to X with a casual “gm” after a four-month prison sentence due to violations of US money laundering laws. His return was widely noted by the community.
Bubblemaps, a data analytics platform, gained attention for exposing on-chain clusters related to celebrity token launches, suggesting insider trading that resulted in significant profits.
In October, the Truth Terminal AI bot, supported by Andreesen Horowitz, promoted the memecoin Goatseus Maximus (GOAT), causing its value to skyrocket. Although initially thought to be created by the bot, its actual role was limited to endorsement.
Keith Gill, known for his role in the 2021 meme stock phenomenon, made a cryptic comeback on X with a simple image, sparking renewed interest in GameStop and AMC stocks, as well as meme-inspired cryptocurrencies related to these companies. His unexpected return resulted in a dramatic rise in GameStop and AMC shares, underscoring his influence.
