Author: Jesse Coghlan, CoinTelegraph; Compiler: Deng Tong, Golden Finance
Crypto culture was born on the Internet - Crypto X (formerly known as Crypto Twitter) once again brought unforgettable moments this year.
Here are the 7 most memorable X posts of 2024, some of which had a huge impact on the market, influenced policies - or just a simple laugh.
The background is January 9 - just one day before the date predicted by Bloomberg ETF analysts that the U.S. Securities and Exchange Commission would approve the first U.S. spot Bitcoin exchange-traded fund (ETF).
The SEC’s official X account suddenly posted a statement purportedly from Chairman Gary Gensler: “Today the SEC approved the Bitcoin ETF.”
The SEC has now deleted the post. Source: X
News media quickly reported the historic event, and Bitcoin quickly rose to over $1,000.
All hell broke loose 15 minutes later when Gensler posted that the SEC’s “Twitter account had been compromised and unauthorized tweets were posted” and that the agency had not approved any Bitcoin ETFs to go live.
Gensler later had to respond to lawmakers about the hack, saying it was a SIM swap attack on an employee with access to the account, and X said the account did not have 2FA enabled.
It wasn’t until October that the FBI arrested a 25-year-old man in Alabama named Eric Council Jr. and claimed he had hacked the account and posted the fake approval. He pleaded not guilty to the charges later that month.
On January 10, the day after the SEC’s fake post, the agency approved a Bitcoin ETF for spot trading — this time for real.
During his successful campaign for the presidency, U.S. President-elect Donald Trump made a sweeping commitment to the cryptocurrency industry, which he first shared on social media in typical Trumpian fashion.
“I am very positive and open to cryptocurrency companies and all things related to this emerging industry,” Trump wrote on his Truth Social platform in May. 
He followed up with another pro-cryptocurrency post in June, declaring that he wanted “all remaining Bitcoins to be made in the USA!!!” — a huge problem considering that blockchain is decentralized and can be mined by anyone from anywhere.
While the content Trump posted wasn’t on X, it caused a huge stir on the platform and still ranks among the most memorable moments on X this year.
The chief of staff for non-fungible token (NFT) project DeGods, referred to as “Malcolm,” released a video in which he asks Trump questions about crypto, which many believe was a turning point for the president-elect’s turn toward crypto.
Trump was hosting an event for his NFT holders at Mar-a-Lago when he pointed to the guy “with goggles” and asked a question. Malcolm, who was wearing a pair of giant reflective Pit Viper sunglasses, then asked Trump what he would do to stop cryptocurrency companies from moving overseas.
“Well, we’ll stop it because I don’t want that, I don’t want that,” Trump responded. “If we’re going to take it, we have to have them here.”
Gemini co-founder Tyler Winklevoss posted on X later that month that “the guy with the goggles completely turned the tide of crypto’s fortunes in Washington.”
Malcolm told the magazine in late May that he was “very aware that it wasn’t just my issues that helped turn the tide of the battle for favorable regulation in the U.S.”
On Sept. 27, the same day that convicted Binance founder Changpeng Zhao, or “CZ,” ended his four-month prison sentence, he lost no time jumping back on X, nonchalantly tweeting a “gm” (short for good morning).
He then followed up with a longer post saying the food outside of prison was much better and that he would “chill out for a bit.” Then figure out what to do next. ”
In November 2023, he pleaded guilty to violating US money laundering laws at Binance and resigned as the exchange’s CEO. In April of this year, he was sentenced to four months in prison.
Crypto data analysis platform Bubblemaps suddenly emerged this year and quickly became popular as its X posts and charts set off an on-chain movement to hype celebrity tokens.
It seems that after each celebrity’s token issuance, photos show that the so-called insider wallets on the chain “clusters” sold tokens at the time of issuance, and these tokens were sold through
The impact of Bubblemap on tokens is hard to know, but what is known is that many celebrity-based tokens are now well below their peaks and at least a few high-profile figures have appeared in court.
Last October, after Truth Terminal, an Andreessen Horowitz-funded AI bot, released a meme coin called GOAT, its value soared to $150 million in four days.
It was initially widely believed that the bot created the token because it had earlier posted that it wanted to create one, but its creator, Andy Airey, was caught red-handed. Ayrey clarified that it was only endorsing an already created meme coin.
The whole scene encompasses artificial intelligence, cryptocurrency, and memes. By mid-November, GOAT's market value even peaked at more than $1.3 billion, and has since fallen to $442 million.
Goatseus Maximus is a remake of "Goatse," a notorious online shocker.
Keith Gill — known as "Roaring Kitten" — posted to X in mid-May for the first time since June 2021, sharing a cryptic photo of a man leaning curiously in a chair with no caption.
Gill, a key figure in the 2021 meme craze, is known for his analysis of GameStop and AMC, which ultimately led to the short sell of the former, which led him to testify before the House Financial Services Committee later that year.
Gill's sudden post X had an immediate effect - GameStop climbed 44% in pre-market trading and soared 110% when it opened on May 13. AMC also rose 12% before the market opened and 25% after Wall Street opened.
Meme coins that are not related to the two companies but are named after them have also soared, with GameStop's meme coin rising more than 550% and AMC-themed tokens rising 1,200%.
Gill continued to post numerous mysterious X posts and was even sued by a GameStop investor, alleging that he committed securities fraud by posting X posts on Reddit—but the charges were dropped three days later.
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