X's head of product announced a shift in policy—apps that reward users for posting on the platform will no longer be permitted. The market reacted swiftly. Social token ecosystems took the hit hardest: $KAITO plummeted 22% within a single day, while $COOKIE followed suit with a 17% drop.
But here's where it gets interesting. While some tokens bled, others surged. $雪球 exploded 248% upward, $RALPH climbed 246%, and a handful of altcoins—$BTR, $EGL1, and $SOLTOMATO—each posted solid mid-40s to 50s percent gains. Capital clearly rotated rather than disappeared.
The Altcoin Index sitting at 29/100 signals cautious market conditions overall. Whether this regulatory pivot pushes activity elsewhere or signals a broader shift in how blockchain-based incentive models operate, traders are definitely watching closely.
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GateUser-9ad11037
· 01-16 13:00
Fund transfers, not disappearance, that's the real focus.
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LiquidatorFlash
· 01-16 12:57
A 22% and 17% decline may seem insignificant, but this is a sign of liquidity exhaustion. We should have been alerting to this earlier.
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FOMOSapien
· 01-16 12:54
Capital rotation, it's not a real decline. When some sell off, others buy the dip—that's the charm of crypto.
Snowball's 248% surge is incredible; those who bought in the morning made a killing.
KAITO has fallen so much; it's time to reflect on my own strategy.
Bottom at 29, should I go all in? I'm still hesitating.
Wait, will this policy really be effective in the long term? Or is it just another bunch of empty propaganda.
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SerRugResistant
· 01-16 12:42
Wow, Snowball skyrocketed 248%, what are they playing at?
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It's the same old capital rotation script, nothing new.
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X banning the reward mechanism really can control the crypto circle? That's hilarious.
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Kaito and Cookie just collapsed instantly, are people still bottom-fishing?
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A 248% surge is outrageous, there must be something behind it.
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Capital hasn't left; they've just moved to other coins. Who are they cutting into this time?
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Altcoin index is only 29 points, only brave investors are still going all-in.
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How did Snowball and Ralph suddenly take off? What's the news?
X's head of product announced a shift in policy—apps that reward users for posting on the platform will no longer be permitted. The market reacted swiftly. Social token ecosystems took the hit hardest: $KAITO plummeted 22% within a single day, while $COOKIE followed suit with a 17% drop.
But here's where it gets interesting. While some tokens bled, others surged. $雪球 exploded 248% upward, $RALPH climbed 246%, and a handful of altcoins—$BTR, $EGL1, and $SOLTOMATO—each posted solid mid-40s to 50s percent gains. Capital clearly rotated rather than disappeared.
The Altcoin Index sitting at 29/100 signals cautious market conditions overall. Whether this regulatory pivot pushes activity elsewhere or signals a broader shift in how blockchain-based incentive models operate, traders are definitely watching closely.