Twitter is struggling to maintain its strongest user base, according to an internal report revealed by Reuters.
Twitter’s “most active” members are losing interest as the social network is in “complete decline.”
This is according to a report made by Twitter employees and seen by Reuters. Internal documents prepared by Twitter state that “heavy tweeters” account for less than 10% of monthly total users. But these tweeters generate 90% of all tweets, and thus, half of global revenue.
The employee asked, “Where have all the tweeters gone?” in internal document. He also said, “Huge tweeters have been in complete decline since the pandemic began.”
The report examined the number of frequent tweeters in English who showed interest in a topic. The study did not reach any conclusion as to why heavy users of the platform are declining.
The document states that a “heavy tweeter” is defined as someone who logs into the platform six or seven days a week and tweets three to four times a week.
Musk thinks the most popular people on the stage have left ship.
According to Reuters, the microblogging site is not coming forward with its metrics. That’s because the deadline for Elon Musk to close the $44 billion acquisition deal was drawing closer.
Twitter and Elon Musk
The most followed on the platform include: Barack Obama, Justin Bieber, Katy Perry, Rihanna, Cristiano Ronaldo, Tyler Swift, Lady Gaga, Elon Musk, among others.
Many people combined their opinions on why Twitter is dying.
Cryptocurrency is a major topic
Cryptocurrencies are among the topics of greatest interest on Twitter. But there are other popular topics. These include “unsafe for work” adult content. Twitter is a social media platform that allows nudity. However, content about news, sports and entertainment has declined.
Earlier, BeInCrypto had reported rumors that the company is developing its own wallet. This rumor was started by a well-known blogger, who tweeted that “Twitter is working on a prototype wallet that will support crypto deposits and withdrawals.”
In recent months, the platform has introduced several new features related to the crypto world, such as crypto tipping. In November 2021, it began working with the integration of applications from the well-known world of decentralized finance (DeFi), and in January 2022 it began allowing users to place NFT images on their profiles.
Will all these new initiatives (with a golden touch from Elon Musk) pull Twitter back from the brink?
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