What is crypto Twitter?

Crypto Twitter is the nickname for the large, noisy community of people who talk about cryptocurrency on X. It includes traders, investors, developers, founders, analysts, journalists and meme makers. Axios described it in 2022 as crypto's town hall, the place where people collectively decide what matters at any given moment.

What is CT in crypto Twitter?

CT is simply the slang term for crypto Twitter, and it is how members usually refer to the community. The name stuck even after Twitter became X. Elon Musk's company replaced the bird logo with an X on July 24, 2023, Global News reported, but people still say CT rather than crypto X.

Tangem describes CT as a dense web of accounts, threads, quote posts and live audio Spaces where people argue, launch products and break news. Axios stresses that it is not unified. It is a set of communities built around particular tokens, which overlap mostly through influencers who debate each other in public. Much of crypto's shorthand, from GM to NGMI, spreads from there.

What is Bitcoin Twitter?

Bitcoin Twitter is one of those circles, made up of accounts focused mainly on bitcoin. Its most famous moment was the laser eyes trend of early 2021, when users edited glowing red eyes onto their profile pictures as a show of support. Cointelegraph Magazine linked the meme to bullish hopes for bitcoin that year, and listed adopters including Elon Musk, Wyoming senator Cynthia Lummis, Michael Saylor and Tom Brady. Other circles form around Ethereum, Solana, NFTs or trading, each with its own in-jokes.

What is crypto Twitter used for, and what are its risks?

People use CT to follow announcements, trade ideas and debates in real time, and Axios notes that a lot of business networking happens there too. The same article warns that much of it is noise, and that the format rewards posts a person's own group will cheer.

Tangem adds other risks. Bold claims spread faster than corrections, bot networks can make fringe views look popular, and accounts may promote tokens they hold or are paid to push without saying so. Our guide to KOLs in crypto explains paid promotion.

Security failures have hit CT directly. On July 15, 2020, attackers took over about 130 high-profile Twitter accounts and posted a fake offer to double any bitcoin sent, the Justice Department said. In January 2024, attackers used a SIM swap to take over the SEC's own X account and falsely announce approval of bitcoin ETFs, sending the price up and then sharply down, according to the Justice Department. Treat any urgent giveaway or market-moving claim as unverified until it is confirmed by the original source.