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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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04-03-2024 18:57:16 (UTC+7)

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    EUR/USD 1.0856 Neutral  
    GBP/USD 1.2677 Sell  
    USD/JPY 150.43 ↑ Sell  
    AUD/USD 0.6522 Buy  
    USD/CAD 1.3564 Buy  
    EUR/JPY 163.30 ↑ Sell  
    EUR/CHF 0.9594 Sell  
    Gold 2,090.80 ↑ Sell  
    Silver 23.345 Buy  
    Copper 3.8712 ↑ Sell  
    Crude Oil WTI 79.44 ↑ Sell  
    Brent Oil 83.14 ↑ Sell  
    Natural Gas 1.940 Neutral  
    US Coffee C 185.80 ↑ Sell  
    Euro Stoxx 50 4,904.85 ↑ Buy  
    S&P 500 5,137.08 ↑ Buy  
    DAX 17,717.05 Buy  
    FTSE 100 7,646.88 Neutral  
    Hang Seng 16,595.97 ↑ Buy  
    Small Cap 2000 2,076.39 ↑ Buy  
    IBEX 35 10,045.50 ↑ Sell  
    BASF 47.235 ↑ Buy  
    Bayer 28.23 Buy  
    Allianz 251.53 ↑ Buy  
    Adidas 185.48 ↑ Buy  
    Lufthansa 7.078 ↑ Sell  
    Siemens AG 181.68 ↑ Buy  
    Deutsche Bank AG 12.525 Neutral  
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