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Developing social channels based on exchanging a single message isnโt exactly new, of course. Back in 2014, the โYoโ app was launched with the sole purpose of enabling users to send each other the greeting โYo.โ Earlier, crypto enthusiasts had created a self-described โmeme appโ dubbed โgmโ app wherein users would greet each other with โgmโ or โgood morningโ messages. However, in September 2021, the gm app was down after a hacker reportedly gained access to the user data. The administrator of a telegram group, "Suck Channel," was sentenced to six years and six months in prison for seven counts of incitement yesterday. Just as the Bitcoin turmoil continues, crypto traders have taken to Telegram to voice their feelings. Crypto investors can reduce their anxiety about losses by joining the โBear Market Screaming Therapy Groupโ on Telegram. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021.
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