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Why Crypto Community Stays Loyal to Twitter Despite Threads' Explosive Growth

Why Crypto Community Stays Loyal to Twitter Despite Threads' Explosive Growth
Why Crypto Community Stays Loyal to Twitter Despite Threads' Explosive Growth

Why Crypto Community Stays Loyal to Twitter Despite Threads' Explosive Growth

While Meta's Threads has achieved remarkable user adoption, rapidly surpassing 100 million users, blockchain enthusiasts and cryptocurrency professionals show remarkable loyalty to Twitter as their preferred social platform.

According to recent findings from NFT Gators, approximately 70% of 117 key figures in the cryptocurrency space have not created Threads accounts even a week after the platform's launch, indicating a strong preference for Twitter among digital asset communities.

The meteoric rise of Threads has certainly caught industry attention, with CEO Mark Zuckerberg reportedly astonished by the platform's rapid adoption. However, the lukewarm reception from blockchain pioneers suggests a deeper connection to Twitter's established ecosystem within the cryptocurrency world.

Twitter has cultivated an indispensable role in the blockchain industry, giving rise to specialized communities such as "Crypto Twitter" and "NFT Twitter." NFT Gators highlights Twitter's dominance in engagement metrics, with hashtags like #Bitcoin generating approximately 563,000 weekly tweets and #Ethereum reaching 268,000 – figures that demonstrate the platform's unparalleled influence on cryptocurrency discussions.

Comparative analysis reveals significantly lower engagement rates for blockchain projects on Threads compared to Twitter. Notably, Binance Exchange, the most followed cryptocurrency account on Threads with over 335,000 followers, maintains this presence despite having previously invested $500 million in Elon Musk's Twitter acquisition in October 2022.

NFT Gators provided comprehensive data across the digital asset sector, illuminating the stark contrast in platform preferences among cryptocurrency professionals and blockchain projects.

Despite Threads' impressive growth trajectory – accumulating over 100 million users in mere days – the platform still substantially trails Twitter's estimated 350 million monthly active users. Furthermore, Threads' expansion faces potential obstacles, including its unavailability in mainland European markets due to EU data privacy regulations and the absence of a desktop version, both critical considerations for blockchain professionals who often require comprehensive access across devices.

The measured approach of the cryptocurrency community toward Meta's new social venture underscores Twitter's deeply entrenched position and continued relevance within the rapidly evolving web3 ecosystem.

tags:crypto community Twitter adoption patterns blockchain social media platform comparison web3 industry social media preferences crypto influencers Twitter vs Threads engagement digital asset community social media habits
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