Cryptocurrency

Russian Crypto Groups in Telegram to enhance Membership despite the restriction

Telegram

The members of crypto-related Telegram channels have increased by leaps and bounds since the messenger was restricted by a Moscow court in April this year as per the study conducted covering the top 50 Russian language groups. Though there has been a decrease in the views of published posts during the summer months, however, the readership of all examined groups has soared high by 21%, and 49% for those that are in the cryptocurrency category.

After several months Russian authorities initiated a campaign against Telegram where the number of its Russian users (those who are more inclined in cryptocurrency) has increased by a large amount. Based on the new report containing the top 50 Russian language channels, the members of the crypto-related Telegram groups have increased in amount by almost 49% since April this year especially when there is a restriction on the popular messenger was officially imposed.

The ban on Telegram began when the country’s telecom watchdog Roskomnadzor tried to restrict access to the platform by closing its IP addresses. However, despite the restriction in the service, the regulatory agency has been unsuccessful to ban it fully. It attempts to block the app with the decision supported by a district court in Moscow on April 13 that arrived in response to Telegram’s prohibition to hand over its encryption keys to the Federal Security Service. However, erstwhile FSB would like to obtain access to users’ communication under the country’s anti-terrorism regulations in place. The actions of Russian authorities activated protests.

With the certain restriction in place, the major difficulties that Telegram is facing is an adverse effect on some of its indicators. Besides this, the readers of the leading channels have increased to a larger extent by almost 21% during the same period at 4% monthly. Amid this, the membership of various top-50 groups is continuously growing. The Russian audience is more inclined to read topics in the categories of ‘cryptocurrency’ and ‘business and economy’ included start-up stories as well. The number of readers has increased by 49% (8.4% monthly) and 35% (6.2% per month) altogether.

Besides this, the study also includes the groups in the “Telegram” category containing the Russian language channel of Pavel Durov who is the founder of the messaging app having two channels for sharing proxy servers used to escape the blockade, as well as the “Teleblog” channel applied to news about Telegram. With this, subscribers to these groups have increased by 186%, (23.4% monthly). The typical reach of the posts in these groups arose by 28% with Durov’s comments contributing to the largest share of the increase.

Further speaking to the subject matter, the authors of the report have stated that the sharp decrease in the frequency of posting in the studied channels, presumably related to lower user activity during the holiday season thereby causing the drop in the number of views eventually.

Let us not forget that amid this, a positive trend has been observed in August this year especially when the average number of views of the posts in the ‘cryptocurrency” category soared high by almost 13%.

About the author

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Shalin Soni

Shalin joined CryptoNewsZ as Associate Finance (Cryptocurrency Research & Analysis) in 2018 and has 10 years of collective experience to work on financial modeling and financial planning & analysis activities (fp&a) domains. He has worked with various organizations in India and added values by leveraging his skills and expertise. He has strong domain expertise in research & analysis, valuation, and fp&a. He has worked with various organizations in India and added values by leveraging his skills and expertise. He has strong domain expertise in research & analysis, valuation, and fp&a.
You can also mail him at [email protected] to discuss anything related to his reports.

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