Following Elon Musk’s tweet on June 18, accusing the popular memecoin-linked Ai-powered bot “Explain This Bob” of being a fraudulent crypto account, Twitter took action and suspended the mentioned account promptly.
With a substantial following of over 400,000 users, the Explain This Bob account faced suspension. Its creator, Prabhu Biswal from India, developed the bot utilizing OpenAI’s GPT-4 model. The bot’s purpose was to comprehend and provide responses to tweets from individuals who tagged the account.
Additionally, the project had a connection to the ERC-20 memecoin called Bob Token (BOB), which was introduced in April 2023. As a consequence of the suspension, the value of BOB experienced a significant decline of over 30%.
The suspended Explain This Bob account had managed to amass a significant following of over 400,000 users. Its creator, Prabhu Biswal from India, developed the bot utilizing OpenAI’s GPT-4 model. The bot’s purpose was to comprehend and provide responses to tweets from individuals who tagged the account.
Additionally, the project had a connection to the ERC-20 memecoin called Bob Token (BOB), which was introduced in April 2023. Unfortunately, following the suspension, the price of BOB experienced a decline of more than 30% as reported by CoinGecko.
Interestingly, this suspension marks a notable shift in Musk’s initial perception of the bot. On April 20, he tweeted “I love Bob” in response to one of the bot’s tweets, which was prominently displayed on the project’s website.
Despite suspending the “Explain This Bob” account, Twitter has not yet taken any action against the account associated with the Bob token. The team behind the project responded to the suspension news in a lighthearted manner, sharing a meme that depicted Elon Musk keeping a close watch on a distressed “Bob” inside a prison setting.
Many observers speculate that Musk holds the belief that Explain This Bob is being utilized as a marketing strategy to artificially boost the price of BOB. In an intriguing turn of events, following the suspension, the hashtag “FREEBOB” has been circulating within the Crypto Twitter Community.
