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Twitter’s “Coins” Feature Poses Threat to Elon and DOGE Relationship

The end of Elon Musk and Dogecoin`s saga might be imminent.The end of Musk’s and Dogecoin’s relationship comes as a result of Twitter`s new “coins”...
Twitter’s “Coins” Feature Poses Threat to Elon and DOGE Relationship © Reuters Twitter’s “Coins” Feature Poses Threat to Elon and DOGE Relationship
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  • The end of Elon Musk and Dogecoin`s saga might be imminent.
  • The end of Musk’s and Dogecoin’s relationship comes as a result of Twitter`s new “coins” feature.
  • The price of Dogecoin went up as a result of Musk’s endorsements.

Many crypto industry proponents feel that this might be the beginning of the close of the fruitful relationship that has existed between Elon “The Dogefather” Musk and Dogecoin (DOGE). This belief stems from the recent disclosure that Elon Musk may be on the verge of rolling out a new Twitter “Coins” feature.

This also comes as a result of Musk’s recent declaration that he intends to continue expanding Twitter in order to expand the reach of the platform and the amount of interaction it receives.

For instance, Jane Manchun Wong, a Hong Kong-based security researcher recently tweeted;

Twitter is working on the Coins purchasing screen. On the web, Twitter Coins purchases will be done through Stripe.

Users will reportedly be able to buy Twitter Coins with fiat money via the payment processor Stripe. Based on the information that has leaked so far, it seems that users will be able to earn rewards in the form of Twitter Coins for retweeting certain content.

Particularly noteworthy is the fact that Elon Musk has a lengthy relationship with dogecoi ...

The post Twitter’s “Coins” Feature Poses Threat to Elon and DOGE Relationship appeared first on Coin Edition.

See original on CoinEdition

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01-05-2024 10:45:17 (UTC+7)

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EUR/USD

1.0658

-0.0008 (-0.07%)

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Moving Avg:

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Sell (12)

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GBP/USD

1.2475

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USD/JPY

157.91

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AUD/USD

0.6469

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

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DAX

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IBEX 35

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BASF SE NA O.N.

49.155

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Bayer AG NA

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Allianz SE VNA O.N.

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Adidas AG

226.40

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Deutsche Lufthansa AG

6.714

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Siemens AG Class N

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Deutsche Bank AG

15.010

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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