Home Business X (Twitter) keeps expanding, is it good for Dogecoin?

X (Twitter) keeps expanding, is it good for Dogecoin?


A lot has changed on the social media platform since Elon Musk owned Twitter. For example, it is now simply called “X” and there have been rumors about the integration of Dogecoin (DOGE) for some time. Last week, X received a license to process crypto payments. This could mean that Musk actually has bigger plans for the platform and maybe even Dogecoin.

New features for X (Twitter)

On August 28, X was officially allowed to process crypto transactions, and on August 30, Musk announced that he plans to add many more features. That’s how he wants it Integrate calls and video calls on the platform.

Not only would it work on iOS and Android mobile operating systems, but even Macs and PCs. No phone number is required. That would effectively turn X into a global phone book that you could use to reach any user with relative ease. “This feature set is unique (among any social media platform),” Musk said.

His followers asked him if the feature was encrypted, which is good for your privacy and therefore your security. No encryption will be added initially, but X engineers are working to add it. “You could turn it on and off manually in the future because it also introduces lag and you don’t usually need it,” the CEO said.

Musk wants him to bring DOGE to X?

All of this indicates that X will be far more than just a micropayments platform. It’s no secret that Elon Musk is a big fan of cryptocurrencies and Dogecoin (DOGE) in particular. Musk previously named the memecoin as his favorite cryptocurrency, however, it is not yet clear if he intends to make DOGE X’s official coin.

According to BitInfoCharts, there are currently just over 5 million wallet addresses at DOGE, some of which will already have lost their private keys. According to Backlinko, X currently has almost 400 million users. If X officially started using DOGE, the number of wallet addresses could quickly increase. Finally, we also know that Musk doesn’t want a “Twitter token.”

X recently decided to give Blue (blue tick) account holders a share of ad revenue. Musk has already made many radical changes, so he might consider making these payments in DOGE. Stripe is currently enabled for this in X.

No Comments

Leave A Reply

Please enter your comment!
Please enter your name here

Exit mobile version