**๐ Brazil's Crypto Scene Faces X-treme Challenges!**
- Brazil's ban on social media site X has left the crypto community scrambling for alternatives.
- On Aug. 30, 22 million users were cut off when the Brazilian Supreme Court found X guilty of promoting misinformation.
- Crypto firms and influencers, heavily reliant on X for global outreach, are feeling the pinch.
- Joรฃo Ferreira of DeFi app Picnic reports a 50% drop in reach, while others are losing sleep over audience loss.
- Despite exploring alternatives like YouTube and Instagram, the unique dynamics of X remain unmatched.
Stay tuned for more updates!
