{"id":37215,"date":"2022-12-05T17:07:48","date_gmt":"2022-12-05T17:07:48","guid":{"rendered":"http:\/\/egrowonline.com\/?p=37215"},"modified":"2022-12-05T17:07:48","modified_gmt":"2022-12-05T17:07:48","slug":"is-the-twitter-coin-replacing-dogecoin-as-twitters-native-currency-report","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=37215","title":{"rendered":"Is the Twitter coin replacing Dogecoin as Twitter\u2019s native currency? Report"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"featured\">\n<p>\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"600\" src=\"https:\/\/www.crypto-news-flash.com\/wp-content\/uploads\/2022\/12\/twitter-7576995_1920-1200x600.jpg\" class=\"attachment-main-featured size-main-featured wp-post-image\" alt=\"\" title=\"Is the Twitter coin replacing Dogecoin as Twitter\u2019s native currency? Report\" \/>\t\t\t\t<\/p><\/div>\n<ul>\n<li><strong>Twitter may be planning to launch its own native coin very soon<\/strong><\/li>\n<li><strong>Elon Musk has changed a few things since taking charge and confirmed that many more would come.<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><span style=\"font-weight: 400\">Rumors suggest that Elon Musk is planning to launch a new cryptocurrency \u2013 Twitter Coin.\u00a0 In a tweet posted by researcher and blogger Jane Manchun Wong, there is an image many now consider a Twitter Coin logo.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In a different tweet, Wong hinted that Twitter could launch a crypto payment and tips feature sometime soon. However, Wong seemed to have deleted her account shortly after her tweets.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Nima Owji, a researcher, <\/span><span style=\"font-weight: 400\">tweeted<\/span><span style=\"font-weight: 400\"> an image about Twitter working on payments, including a picture showing a \u201cCoins\u201d section in a hidden \u201cTips\u201d setting on the app. Owji also posted a <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/nima_owji\/status\/1599146867132014592\" rel=\"noopener\"><span style=\"font-weight: 400\">Twitter Coin image<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tweeted ~2 days ago! &#x1f91e; <a target=\"_blank\" href=\"https:\/\/t.co\/v6ZWTd3DHQ\" rel=\"noopener\">https:\/\/t.co\/v6ZWTd3DHQ<\/a><\/p>\n<p>\u2014 Nima Owji (@nima_owji) <a target=\"_blank\" href=\"https:\/\/twitter.com\/nima_owji\/status\/1599687702072344576?ref_src=twsrc%5Etfw\" rel=\"noopener\">December 5, 2022<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">A few Twitter users have suggested that the Twitter Coin might be an official acceptance of Dogecoin, which would see Twitter integrating the meme coin. However, since neither Elon Musk nor Twitter has made an official comment about the rumored cryptocurrency, it is currently unclear if the possibility of a Twitter Coin means anything for Dogecoin (DOGE).<\/span><\/p>\n<div class=\"nso_single_social\">\n<p>Follow us for the latest crypto news!<\/p>\n<\/div>\n<p><span style=\"font-weight: 400\">Long before taking over Twitter, Musk was a strong DOGE advocate, many times pumping the dog-themed meme coin by tweeting his support. In response to the news about a possible Twitter Coin, DOGE pumped nearly 6% and hit $0.111. However, as of press time, DOGE is trading at $0.1061, according to data from <a target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/\" rel=\"noopener\">CoinMarketCap<\/a>.<\/span><\/p>\n<h3>Twitter Coin<\/h3>\n<p><span style=\"font-weight: 400\">If the Twitter Coin turns out to be a different standalone cryptocurrency, an official launch could be problematic for other Twitter-popular \u201ccrypto assets\u201d<\/span><span style=\"font-weight: 400\">, including DOGE and Bitcoin (BTC). A Twitter Coin directly means that the Elon Musk-led company would be disinterested in official support for any other cryptocurrencies. However, the images leaked by Owji and Wong suggest that Twitter could embrace more than one crypto instead of sticking exclusively to the Twitter Coin.<\/span><\/p>\n<h3>Elon Musk Has Other Plans For Twitter<\/h3>\n<p><span style=\"font-weight: 400\">Since taking over the Twitter wheel, Elon Musk has changed a few things and confirmed that many more would come. For instance, the billionaire \u2018Chief Twit\u2019 has publicly revealed that Twitter should make more money from subscriptions. However, these plans could involve making changes to Twitter that may directly violate Google and Apple\u2019s app store policy. In a <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1593759933773643776\" rel=\"noopener\"><span style=\"font-weight: 400\">tweet<\/span><\/a><span style=\"font-weight: 400\"> posted last month, Musk said:<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cApp store fees are obviously too high due to the iOS\/Android duopoly. It is a hidden 30% tax on the Internet.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Musk is referring to the up-to-30% cut both platforms collect from all in-app purchases. This is particularly unsavory to Musk, especially as he recently launched Twitter Blue subscriptions for $8 per month. Tensions may already be brewing, as Apple\u2019s App Store head Phil Schiller deleted his Twitter account.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, Musk seems unfazed and might be ready to war with both tech giants. The businessman has hinted at designing a new smartphone and operating system should the fight with the \u201ciOS\/Android duopoly\u201d worsen. Responding to an encouraging <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/Liz_Wheeler\/status\/1596222793388945408?s=20&amp;t=hdyBBV3dlFH12xCtNXP6Kg\" rel=\"noopener\"><span style=\"font-weight: 400\">tweet<\/span><\/a><span style=\"font-weight: 400\"> from video podcast host Liz Wheeler who suggested that Apple &amp; Google might take Twitter off their respective app stores, Musk <\/span><a target=\"_blank\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1596268804413476864?s=20&amp;t=hdyBBV3dlFH12xCtNXP6Kg\" rel=\"noopener\"><span style=\"font-weight: 400\">said<\/span><\/a><span style=\"font-weight: 400\"> he will make an alternative phone \u201cif there is no other choice.\u201d<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMibGh0dHBzOi8vd3d3LmNyeXB0by1uZXdzLWZsYXNoLmNvbS9pcy10aGUtdHdpdHRlci1jb2luLXJlcGxhY2luZy1kb2dlY29pbi1hcy10d2l0dGVycy1uYXRpdmUtY3VycmVuY3ktcmVwb3J0L9IBAA?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter may be planning to launch its own native coin very soon Elon Musk has changed a few things since taking charge and confirmed that many more would come. Rumors suggest that Elon Musk is planning to launch a new cryptocurrency \u2013 Twitter Coin.\u00a0 In a tweet posted by researcher and blogger Jane Manchun Wong, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":37216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[268,246,85,1702,3472,146,1569,2206],"class_list":["post-37215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-coin","tag-currency","tag-dogecoin","tag-native","tag-replacing","tag-report","tag-twitter","tag-twitters"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/12\/twitter-7576995_1920.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37215"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37215\/revisions"}],"predecessor-version":[{"id":37217,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/37215\/revisions\/37217"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/37216"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37215"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}