Elon Musk’s social network has implemented a new rule. This rule states that new users must pay a small yearly fee in order to access certain features such as News Daily, posts, likes, and bookmarks. Musk’s reasoning for this rule is to combat bots and fake accounts that often flood the platform.
The introduction of this new policy has brought about mixed reactions from users. The Open Network (TON) blockchain has commented that Musk’s decision may indirectly contribute to greater adoption of cryptocurrency. This could potentially result in more users turning to free media platforms like Telegram, particularly with the recent launch of the Add sharing program.
Telegram’s initiative has not only provided additional incentives for hosting broadcast channels, but also serves as a global digital asset adoption initiative, aiming to increase crypto proliferation. As a result, the cryptocurrency has reached new all-time highs on at least two occasions. Despite this, Toncoin and several other virtual currencies experienced a retracement and were trading 19% below their $7.65 all-time high, based on data from CoinMarketCap.
