• In addition, Musk wants to increase Twitter's character limit from 280 to 1000.
• Twitter is also witnessing a massive outflow of users and advertisers.
• New user signups, according to Musk, have reached an all-time high.

Do not worry if you notice a decrease in your Twitter following count. Elon Musk, the newly appointed CEO of Twitter, is 'purging a lot' of spam and fraudulent accounts. Musk shared the specific news with everyone on Thursday via his Twitter account.

Twitter is now cleaning a lot of spam and fraud accounts, so you might see a dip in your following count, he said. In addition, Musk wants to increase Twitter's character limit from 280 to 1000. A social media user recently posted, 'Idea on raising character limit to 1000,' tagging Musk in the remark. Musk replied, 'It's on the to-do list,' in response.

One of the main distinctions between Twitter and other social media platforms has been the character restriction. According to a Mashable report, Musk has expressed interest in expanding the character limit several times since he took control of the site. 

A Twitter user suggested to Musk on November 27 that the platform's word limit be raised from 280 to 420. 'Good concept,' Musk replied in his reply. Another person had previously offered to 'do rid of character limitations.' The multi-billionaire answered, 'Absolutely.' We must now wait and watch when Musk makes the necessary modifications to the character limit.

A multi-colored verification system has also been added to the microblogging website, according to Tesla CEO Musk. According to Musk's proposals, Twitter will replace the current 'Twitter Blue' service with a new, three-color verification checkmark system. 

According to Musk, the introduction of the new Twitter Blue verification service is tentatively scheduled for December 2. While the billionaire battles with a large migration of advertisers and users moving to rival platforms, Musk claimed last month that the number of new user signups to the social media network have reached a 'all-time high.' Musk noted in a tweet that as of November 16, there were more over two million daily signups for the microblogging platform.