Twitter announces new API pricing

After a long delay, Twitter has finally announced new API price structures.
The pricing strategy has divided users into three tiers. The new structure offers a free tier which has limited functionality. The users of this tier can post up to 1,500 tweets a month but will not have access to other vital functions. This tier mainly focuses on bots and testing purposes.
The second tier is for $200. With this tier, developers can post up to 3,000 tweets monthly at the user level and up to 50,000 at the app level. In addition to that, it offers a read limit of 10,000 tweets a month.
The third tier, which targets commercial projects and businesses, still needs to be determined regarding pricing and limitations. As per the company, access to this category would be enough to satisfy the business’s and its customers’ needs.
Twitter still needs to clarify access for researchers or academics who rely on this platform. However, the platform is working on it.