Cointelegraph has highlighted several standout moments from Crypto X in 2024 that significantly influenced the crypto landscape.
2024 was a pivotal year for crypto, and several key moments on Crypto X left an indelible mark on the landscape.
In January, a post on the SEC’s X account that appeared to approve Bitcoin ETFs sent BTC prices soaring. However, the SEC quickly clarified that their account had been hacked and no approval had been granted. The FBI later arrested a suspect in connection with the incident.
During his presidential campaign, Donald Trump voiced support for cryptocurrency, generating immense interest on the platform. His social media posts, particularly highlighting his backing of Bitcoin and related industries, resonated strongly within the crypto community.
One remarkable interaction occurred when “Malcolm,” a representative from the DeGods NFT project, queried Trump about his stance on crypto businesses. This conversation was widely believed to have played a role in shaping Trump’s favorable position on crypto regulation.
Changpeng Zhao, the founder of Binance, made his return to X with a casual “gm” after serving a four-month prison sentence for violations of US money laundering laws. His reentry was met with keen interest by the community.
Bubblemaps, a data analytics platform, came into the spotlight by revealing on-chain clusters around celebrity token launches, suggesting insider trading that led to substantial profits.
In October, the Truth Terminal AI bot, backed by Andreesen Horowitz, promoted the memecoin Goatseus Maximus (GOAT), causing its value to surge dramatically. While initially believed to be created by the bot, its role was limited to endorsing the memecoin.
Keith Gill, renowned for his involvement 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 linked to these companies. His unexpected return saw GameStop and AMC shares rise drastically, showcasing his enduring influence.
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