Top Tweets that’s Made Cryptocurrency Grow

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1. Elon Musk’s Bitcoin Endorsement (2021)

Tweet: “Tesla has bought $1.5 billion worth of Bitcoin and will accept it as payment.” (February 8, 2021)

Impact:

  • Bitcoin’s price surged over 20% in a single day, reaching a then all-time high of around $46,000.
  • This was a massive institutional validation of Bitcoin.
  • It sparked increased corporate interest in holding BTC as a treasury asset.

Later Developments:

  • In May 2021, Musk reversed Tesla’s Bitcoin payment decision over environmental concerns, causing a dip in BTC’s price.
  • However, Tesla continued holding Bitcoin on its balance sheet, reinforcing institutional confidence.

2. Jack Dorsey’s Bitcoin Commitment (2019 – Present)

Tweet: “Bitcoin changes everything… for the better. And we will forever work to make it better.” (December 2020)

Impact:

  • Dorsey, as the then-CEO of Twitter and Square (now Block), became one of the most prominent Bitcoin advocates.
  • His company, Square (Block), purchased $50 million worth of BTC in 2020, followed by another $170 million in 2021.
  • He funded Bitcoin development projects and supported Lightning Network adoption.

Notable Contributions:

  • Launched Spiral, an initiative supporting open-source Bitcoin development.
  • Helped Twitter introduce Bitcoin tipping via the Lightning Network.

3. El Salvador Adopts Bitcoin as Legal Tender (2021)

Tweet by President Nayib Bukele: “El Salvador just bought 200 new coins. We now hold 400 BTC.” (September 2021)

Impact:

  • El Salvador became the first country to make Bitcoin legal tender on September 7, 2021.
  • The move fueled a global debate on Bitcoin as a national currency.
  • The government introduced the Chivo Wallet, giving every citizen $30 in Bitcoin to encourage adoption.

Challenges & Achievements:

  • The price of Bitcoin fluctuated, causing volatility concerns.
  • El Salvador issued Bitcoin-backed bonds to finance its Bitcoin City project.
  • The move inspired other nations, like the Central African Republic, to explore Bitcoin adoption.

4. Vitalik Buterin Introduces Ethereum (2014)

Tweet: “I am launching Ethereum, a decentralized platform for smart contracts.”

Impact:

  • Ethereum was officially announced in 2013 and launched in 2015, but Vitalik’s early tweets helped gather developers and investors.
  • It introduced smart contracts, enabling DeFi, NFTs, and DAOs.
  • The Ethereum network now secures billions of dollars in decentralized applications (dApps).

Ethereum’s Key Growth Milestones:

  • 2017: ICO boom, making Ethereum the second-largest blockchain.
  • 2020: DeFi explosion, with platforms like Uniswap, Aave, and Compound.
  • 2022: Ethereum switched from Proof of Work to Proof of Stake (Merge), reducing energy consumption by 99.9%.

5. CZ Binance on BUIDL & HODL (2018)

Tweet: “HODL and BUIDL, the future of crypto is bright!”

Impact:

  • Binance CEO Changpeng Zhao (CZ) promoted “BUIDL”, a term encouraging builders to create blockchain projects rather than just speculate.
  • Binance became the world’s largest exchange, onboarding millions into crypto.
  • The tweet reinforced the importance of long-term thinking in crypto investing.

Additional Influence:

  • Binance helped popularize crypto trading globally.
  • Launched BNB (Binance Coin), which became a top 10 cryptocurrency.

6. Michael Saylor’s Bitcoin Strategy (2020)

Tweet: “MicroStrategy has acquired 21,454 BTC as part of our new treasury strategy.”

Impact:

  • MicroStrategy became the first publicly traded company to buy Bitcoin as a treasury reserve.
  • The move inspired other companies (Tesla, Square) to follow.
  • By 2023, MicroStrategy held over 150,000 BTC worth billions.

Why It Mattered:

  • It marked the start of institutional Bitcoin adoption.
  • It changed corporate treasury management, promoting Bitcoin as a store of value.

7. Dogecoin’s Rise Thanks to Elon Musk (2021)

Tweet: “Doge to the moon!” (April 2021)

Impact:

  • Dogecoin’s price skyrocketed over 10,000% in 2021, reaching an all-time high of $0.73.
  • Musk’s tweets helped Dogecoin become a mainstream meme coin.
  • Mark Cuban and other celebrities joined in, pushing DOGE’s popularity.

Notable Developments:

  • Musk suggested Dogecoin could be used for Tesla merchandise payments.
  • Inspired other meme coins like Shiba Inu (SHIB) to grow.

Conclusion

These tweets played a major role in crypto’s evolution, from institutional adoption to meme coin culture. Whether it was Bitcoin’s legitimacy, Ethereum’s rise, or Dogecoin’s meme-driven hype, each tweet had a lasting impact.

Which one do you think was the most influential? Or do you want to explore tweets related to a specific area, like NFTs or DeFi?

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