Crypto spam activities have increased by 3,894% within the past months. LunarCrush, a cryptocurrency intelligence platform, gave this report in a recent publication. The report showed considerable growth in the crypto industry with its expansion on social media. It revealed that scam bots and posts within social media networks increased to their All-Time-High (ATH). This report arrived amid the world’s leading billionaire, Elon Musk’s comment on the issue of Twitter being flooded with spambots. Twitter To Become The Debate For Spam Accounts Twitter’s would-be owner has severally emphasized the growing presence and influence of cryptocurrency scammers, spambots, and links to phishing websites on the social media network. While others ignored his comments, LunarCrush, a cryptocurrency metrics, and data analysis firm, curated a report concerning the issue. Related Reading | Bearish Indicator: Is Bitcoin Headed For Its Ninth Red Weekly Close? From the review, we can see that the number of spam crypto entities within Twitter spiraled by over 3,894% from 2019 till now. In addition to that, the report also showed that cryptocurrency spam recorded the highest increasing metric in contrast to every other social metric. Hub For Cryptocurrency Spams? Twitter is a leading social media platform worldwide, and several sectors depend on it for announcements, communications, etc. The crypto sector is one sector that ess...
