Musk is really going to install a 'financial engine' on X! Once the super app with a billion users starts trading coins, the market is likely to take off on the spot!
Musk's move is quite ruthless! X, formerly Twitter, can not only post and argue, but soon will also be able to buy and sell stocks, swipe cards for purchases, and even possibly play with cryptocurrencies!
Why is it said that it might support coins?
Musk is the 'king of promotion' in the crypto world! One of his tweets can send DOGE to the moon, and Tesla has also accepted Bitcoin. With his personality, it would be strange not to add crypto features to X!
There are clues in the technical foundation; traces of wallets have already been uncovered in the code.
The user base is terrifying: a billion people use X worldwide! Even if only a small group tries their hand at trading coins, it would still mean a massive influx of new investors!
Short-term impact:
Good news! Especially for 'Musk-related coins'! DOGE will definitely be the first to benefit, if Old Ma coughs, it will jump three times. BTC as the big brother will have a more stable position.
Exchanges are going to be nervous! Just think about it, you can buy coins while chatting on X, who would still specifically go to the small fox or Binance app?
Volatility warning! Old Ma's rhetoric is doubling in power, in the future his tweets might directly trigger massive price surges and drops, those with weak hearts should prepare their medicine!
Long-term imagination:
It really happened, this is welding 'money' and 'social' together! In the future on X:
Pay to view content from the big guys? Use BTC!
Internet celebrities releasing NFTs? Fans can buy directly with the platform wallet!
It might even be possible... to pay off credit cards with Meme coins?
X's financial license is still in progress, and there has been no official announcement about crypto features. But this potential is too great; whether it happens or not will stir the market! Want to know immediately if X will really support trading coins? Which coins might be 'chosen by Ma'?
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