American business magnate and Twitter's CEO Elon Musk sparked hilarious memes online after he announced new temporary limits on verified and unverified accounts on the social media platform. On July 1, real-time websites monitor site DownDetector showed over 7,000 outage reports across Twitter as #TwitterDown and Rate Limit Exceeded began trending on the platform.Reportedly, users complained that their Twitter feeds were not loading, and a message reading, “Sorry, you are rate limited. Please wait a few moments then try again” flashed on their screens.Elon Musk@elonmuskTo address extreme levels of data scraping & system manipulation, we’ve applied the following temporary limits:- Verified accounts are limited to reading 6000 posts/day- Unverified accounts to 600 posts/day- New unverified accounts to 300/day402741107744To address extreme levels of data scraping & system manipulation, we’ve applied the following temporary limits:- Verified accounts are limited to reading 6000 posts/day- Unverified accounts to 600 posts/day- New unverified accounts to 300/daySoon after, Elon Musk addressed the problem via a series of tweets stating that the platform has applied temporary restrictions on the number of tweets they can view “to address extreme levels of data scraping and system manipulation.”As per the new policy, verified users are now limited to reading 6,000 posts per day, unverified users can read 600 posts, and new unverified users can old read 300 posts every day. Later he posted that the limit will "soon" increase to 8,000 tweets a day for verified users and 800 and 400 respectively for unverified and new unverified accounts.Twitter reactions on Elon Musk's Twitter announcing new policy for Tweets View this post on Instagram Instagram PostAfter Elon Musk's new policy about the number of posts a verified vs a non-verified user can read went viral, Twitterati responded hilariously. The announcement led to #TwitterDown and Rate Limit Exceeded trending on the platform, with the latter meaning that the Twitter user would be able to scroll up until they reach their daily limit.Several users responded with memes and GIFs on how the people would react now that the new policy has been implemented. Others slammed Musk with the #RIPTwitter, one of them suggesting that the CEO is sinking the social media platform like the iceberg did to the Titanic.Z A N A 〄@ZanaHajiSaidRIP “Rate Limit Exceeded” we are finally free!897RIP “Rate Limit Exceeded” we are finally free! https://t.co/M2s3wL9qcsQuadcarl@quadcarl_carl@elonmusk I don’t think this is going to go the way you think it will.941127@elonmusk I don’t think this is going to go the way you think it will. https://t.co/Xa1O2FPPUXCharli Huxley@ImKnotTheOneTwitter on July 1st, 2023#RIPTwitter #RateLimitExceededTwitter Blue Goodbye Twitter72221686Twitter on July 1st, 2023#RIPTwitter #RateLimitExceededTwitter Blue Goodbye Twitter https://t.co/HYw87shTMfMr Black⁛@MrBlackOG@elonmusk Are you serious right now bro7388137@elonmusk Are you serious right now bro https://t.co/uzPbCpxMoQbrittany✨@tigericityTwitter’s “rate limit exceeded” is going to have us all like this—420116Twitter’s “rate limit exceeded” is going to have us all like this— https://t.co/6K5RKaXI1ndan@DanAV___“We are delighted to announce that Pau Torre…”Rate limit exceeded22610“We are delighted to announce that Pau Torre…”Rate limit exceeded https://t.co/DJyYBPzwYjArkunir@Arkunir@elonmusk937615976@elonmusk https://t.co/MfL4Us1bEDnai@amornaiii“Rate limit exceeded”Please wait a few moments then try again ….Me:2840934“Rate limit exceeded”Please wait a few moments then try again ….Me: https://t.co/VAP9RcxJnZveet@vveetto“Rate limit exceeded”1227142“Rate limit exceeded” https://t.co/GIJHm51mz1On This Day in WWE@OTD_in_WWEMe trying to read my 601st tweet #RateLimitExceeded 16134Me trying to read my 601st tweet #RateLimitExceeded https://t.co/3rB3kdP5wYScreenshot of a Twitter user remarking on Elon Musk's new Twitter policy.‘mb👁️‍🗨️@2malcysaw ‘rate limit exceeded’ and simple said no it’s not235saw ‘rate limit exceeded’ and simple said no it’s not https://t.co/oiK7a0qTOPBilly@CrazyDREAMER254@elonmusk Return it to normal Elon9579397@elonmusk Return it to normal Elon https://t.co/pxUOGyP1irEver since Elon Musk took over as the CEO of Twitter, the social media platform has seen several changes. Twitter's application programming interface (API), which is often used by third-party applications and scholars, including AI businesses, has already begun to charge users for access.Recently, Twitter seemed to be blocking access to its site for anybody who was not signed in. It was unclear if the change was a deliberate policy update or a mistake. The website received the most reports of issues on Saturday (44%), followed by the app (39%), as per BBC.This comes after Elon Musk previously pushed people to buy Twitter's paid subscription service, Twitter Blue. It might be possible that the new tweets policy on the platform would unlock unlimited posts with its subscription, with Musk planning a bigger model to regulate. View this post on Instagram Instagram PostEarlier, the social media platform provided blue tick or "verified" status free of cost to the profiles of celebrities and other organizations. However, ever since Elon Musk took over, people now have to pay $8 per month to be verified and stand out of the crowd.This is not the first time that Twitter has faced technical difficulties. Back in March 2023, Twitterati faced service disruptions, the largest since Musk took over, with over 8,000 users reporting inconvenience.Musk hired Linda Yaccarino as the platform's new CEO to try to turn things around after advertisers left the platform.