
Hyperliquid (HYPE) Back in Bull Mode With 13% Rally, Ethereum (ETH) Risks Losing $2,000 Prematurely, XRP's Only Chance For $2 Comeback: Crypto Market Review
Hyperliquid (HYPE) surges 13% while Ethereum (ETH) faces $2,000 risk. What's next for XRP?

X's Product Chief accused influencer Ian Miles Cheong of promoting scam cryptocurrencies, linking his declining reach to spam behavior. This dispute coincided with skepticism over X's new AI algorithm update aimed at moderating questionable financial content.
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Director of Product at X Nikita Bier publicly accused influencer Ian Miles Cheong of promoting scam cryptocurrencies, linking the collapse of his account's reach not to system bugs but to aggressive spam behavior. The conflict unfolded amid the publication of X's recommendation algorithm update on GitHub, which the crypto community met with deep skepticism and accusations that Elon Musk failed to deliver on transparency promises. The dispute began after well-known blogger Ian Miles Cheong (1.2 million followers) complained that X's algorithms were secretly suppressing the reach of his posts. The response from Bier was harsh, directly linking Cheong's declining metrics to his abrupt transition from political commentary to aggressive meme coin promotion.
Oh?
— Ian Miles Cheong (@ianmiles) May 17, 2026 Bier argued that creators naturally lose engagement after participating in questionable activity and "robbing" from their followers. Cheong responded by attempting to redirect attention, calling the accusations an effort to distract from platform bugs. He also reminded Bier that he himself previously promoted BelieveApp and launched his own tokens.
This local dispute highlighted a much deeper issue - X's GitHub source code and how the platform's new AI-driven filters actually operate. On one side, the platform has introduced aggressive automated moderation tools:
Nikita Bier accused Ian Miles Cheong of promoting scam cryptocurrencies and linked his declining engagement metrics to aggressive spam behavior.
X's new AI algorithm downranks posts promoting questionable financial schemes and limits the reach of authors who post excessively, impacting crypto influencers' visibility.
Critics argue that X's algorithm update has not been transparently maintained, with hidden ranking formulas and a lack of updates since its initial release, leading to skepticism in the crypto community.

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