• 18 June, 2024
News

Twitter Now Includes Many More Different Tokens in its Crypto Price Index

The new cryptocurrency index tool on Twitter that allows users to search the price of specific tokens has been secretly extended, and at least another 30 tokens have been added as a result. And yes, Dogecoin is one of these tokens.

Since everyone is aware of the fondness that Elon Musk, the owner of Twitter, has for DOGE, it was reasonable to anticipate that this would occur. Other tokens added include Binance USD (BUSD), Shiba Inu (SHIB), Cardano (ADA), Avalanche (AVAX), Tether (USDT), Uniswap (UNI), XRP (XRP), Solana (SOL), Litecoin (LTC), Polygon (MATIC), Ethereum Classic (ETC), and Dai (DAI).

Although it is not yet apparent which crypto coins will ultimately be supported, the initial statement made by the Twitter Business account said that additional cryptocurrencies will continue to be added on a routine basis in the future.

When Musk first invested in the startup, he discussed the possibility of accepting DOGE as a payment method for Twitter Blue subscribers. Since then, the cryptocurrency has been more popular.

Under Musk’s leadership, this is not the first time that Twitter has been in the epicenter of significant progress connected to cryptocurrencies.

Earlier on, Musk revealed his ideas for Twitter 2.0, which are speculated by the community to feature a payments system that would be built on blockchain technology and supported by cryptocurrency.

It is probable that the index function is what is attracting people to the multi-asset trading platform that does not charge commissions. In turn, this might be an income stream for Twitter if a deal is achieved, despite the fact that Robinhood and Twitter have not yet stated that they are working together on a collaboration.

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