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Market
Which social media platform will attract the most cryptocurrency community users in Brazil by the end of 2024?
2
Resolution / Starting Odds
Tumblr • 25%
Mastodon • 25%
Bluesky • 25%
Other • 25%
Surveys or reports from cryptocurrency communities and analytics firms
Story
Brazil's X Ban Drives Users to Tumblr, Boosting Engagement by 350%
Sep 20, 2024, 03:55 PM
Brazil's Supreme Court has banned X, affecting 24 million users, particularly those involved in the cryptocurrency community, with 41.7% of the crypto crowd using X for updates. This move has led to a significant shift in user activity towards decentralized platforms. Tumblr has reported a dramatic increase in user engagement following the ban, with a 222.99% growth in communities and a 349.55% growth in users. Additionally, Tumblr's daily active users in Brazil have increased by 30% from the 110,000 it was seeing prior to the ban.
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