After the news of Elon Musk’s purchase of Twitter, discussions of cryptocurrencies have increased dramatically on the social network

The Reuters news agency has published the results of a study of microblogging services. According to the document, the majority of English-speaking users are attracted to cryptocurrencies and content18. Thus, digital currencies have become the most popular topic of discussion among English-speaking users of the social network Twitter. The audience’s interest in cryptocurrencies reached a record high at the end of 2021, but waned somewhat in June after the collapse of the virtual asset market.

The most popular tweets related to digital assets were, as expected, written by Tesla CEO Elon Musk. The billionaire’s Twitter posts on cryptoassets most often concerned the Dogecoin and Bitcoin (BTC) meme cryptocurrencies, which caused the greatest resonance.

The research report also notes that such interest among the Twitter community may make the platform less attractive to existing and potential advertisers. Analysts suggest that the social network will indeed lose a lot of users after the closing of the Twitter acquisition by Elon Musk. However, the popularity of cryptocurrencies among Twitter users continues to grow, despite the warnings of industry experts that the cryptocurrency winter will last for several more months.

Yesterday, the American billionaire announced that the deal to acquire Twitter would be closed by Friday. On the back of this news, the value of Musk’s favorite cryptocurrency, Dogecoin, jumped by 8%. Today, the cryptocurrency has shown an increase of more than 20%.