Rumors circulating among social media users claim that Twitter is considering launching its own native asset dubbed “Twitter Coin.” On the platform, this is allegedly to be utilized for tipping and payments.
Read CRYPTONEWSLAND onFor instance, some ardent Dogecoin supporters on Twitter and Reddit have attempted to make connections. Some people still hold out hope that Twitter Coin is only a dummy moniker for Dogecoin. Given Musk’s long-standing connection to the meme currency, this might happen.
Further, some people are quoting the early claims from sources like Nima Owji. Nima manages a Twitter account dedicated to information leaks about apps.
He shared an image of what seemed to be a test Twitter interface on December 4 that showed a “Coins” option for tipping. It also has a graphic representation of a coin with the Twitter logo on it.
Tweets from computer researcher Jane Manchun Wong have also been highlighted. She asserts that in order to discover the same data as Owji, she had to extract code from a particular version of the Twitter web app. Both the original post and Wong’s account were later terminated for an undisclosed reason.
Although many people are thrilled, the possibility that the social networking site may be developing new payment rails is ultimately unsurprising. The fact that system integrations are taking place now that Elon Musk is in charge is the most unexpected.
Elon musk also Spoke on a related topic to 2.1 million listeners on December 4. Musk hinted that he was still interested in integrating cryptocurrency with the social media platform.
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