According to Mars Finance, according to an article on the "C Labs Crypto Observation" public account, sources close to the X platform team revealed that the recent large-scale blocking of crypto KOLs may be related to a meme coin called PPMT on the GMGN platform. The X platform may believe that GMGN and its associated KOLs are the promoters of the meme coin, violating the platform's regulations on misleading content. X rules indicate that accounts may be temporarily or permanently blocked due to reports of abuse (such as misleading content or security risks). GMGN insiders said that the company is operating normally and is communicating with the X platform team about unblocking. It is reported that the X platform has previously blocked specific accounts, including critics and competitors, due to Musk's personal will.