According to a report by Jinse Finance and Bitcoin.com News, Nikita Bier, the product head of the X platform, dismissed the notion of memecoins as a means of wealth, while revealing that the X platform will provide account promotion services for niche field experts.

Gate News bot message, July 1st, social media platform X announced the appointment of Nikita Bier( as head of product, and Elon Musk) publicly welcomed him aboard. Bill is a successful entrepreneur who previously founded and sold two startups, including the voting app TB, which was acquired by Facebook in 2017.

Gate News bot message, Lightspeed risk partner Nikita Bier officially joins social platform X as the Head of Product. Bier served as an advisor at Solana Labs in March 2024, promoting the development of its mobile application ecosystem. The social platform TBH and Gas he founded were successively acquired by Meta (formerly Facebook) and Discord. Bier's inaugural statement

According to Gate News bot, The Block reports that social media entrepreneur Nikita Bier officially joined the social media platform X as the product head on July 1. Bier has founded several popular social media platforms, which were subsequently acquired by Facebook and Discord. Notably, Bier joined Solana in March this year.