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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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21-02-2024 05:14:10 (UTC+7)

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USD/JPY

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    EUR/USD 1.0807 ↑ Sell  
    GBP/USD 1.2622 ↑ Buy  
    USD/JPY 149.98 Sell  
    AUD/USD 0.6550 Neutral  
    USD/CAD 1.3523 Sell  
    EUR/JPY 162.09 ↑ Sell  
    EUR/CHF 0.9530 ↑ Sell  
    Gold 2,035.90 ↑ Buy  
    Silver 23.047 ↑ Buy  
    Copper 3.8575 ↑ Buy  
    Crude Oil WTI 76.78 ↑ Buy  
    Brent Oil 82.56 ↑ Buy  
    Natural Gas 1.700 ↑ Buy  
    US Coffee C 188.03 ↑ Buy  
    Euro Stoxx 50 4,759.75 ↑ Sell  
    S&P 500 4,975.51 ↑ Buy  
    DAX 17,068.43 Sell  
    FTSE 100 7,719.21 ↑ Buy  
    Hang Seng 16,247.51 ↑ Buy  
    Small Cap 2000 2,003.65 ↑ Buy  
    IBEX 35 10,038.20 Sell  
    BASF 46.045 ↑ Sell  
    Bayer 28.77 Neutral  
    Allianz 249.40 Sell  
    Adidas 181.12 ↑ Buy  
    Lufthansa 7.339 ↑ Buy  
    Siemens AG 168.72 Neutral  
    Deutsche Bank AG 11.954 ↑ Sell  
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