Twitter began its planned remodeling after the billionaire tech entrepreneur Elon Musk acquired the social media platform. The microblogging platform has recently integrated a price chart for significant digital assets like BTC, ETH, and traditional stocks.
Ready For Business With Robinhood
Users expect more features in the long run after adding the two significant crypto assets to the platform’s price chart.
According to a post by Twitter Business on the unveiling of the $Cashtags feature on December 22, when a significant stock, crypto asset, or exchange-traded fund (ETF) depicts the dollar symbol ($) in front of it, the system will display the latest pricing charts along with the search results.
Furthermore, it is worth noting that TradingView, the leading crypto and stock price analytic platform, will be in charge of releasing the chart data. Meanwhile, the crypto community is awaiting the announcement of the partnership between Twitter and Robinhood.
Users can use the search tab or click on $BTC or $ETH to reveal the latest feature. Users can navigate the wallet provider platform by clicking on the “View on Robinhood” tab. On getting to the Robinhood site, users can link their wallets and initiate any crypto transactions.
Despite the excitement the collaboration has generated, an official announcement of the new partnership between the two entities is yet to happen. After the announcement became public, Elon Musk took to his Twitter handle to applaud the team.
Commenting on the new development, the American investor Jason Calacanis commended the launch of the $Cashtags, stating that the team should consider adding more features. However, the new feature has left an unanswered question from the Dogecoin community about why the acclaimed “DogeFather” sidelined the meme cryptocurrency from the first rollout.
No Space for DOGE?
Before his Twitter acquisition, Musk reiterated that his crypto stash was spread between Dogecoin, Bitcoin, and Ethereum. Upon his takeover of the social media platform, the Dogecoin community anticipated integrating DOGE on Twitter as a means of payment.
Instead, the billionaire initiated a poll on Twitter to determine whether to step down as the head of the platform, and the price of the meme coin reacted negatively. Back in September, some Dogecoin investors filed a $258 billion lawsuit against Musk, alleging that he and one of his firms, Tesla, are operating a pyramid scheme to support the canine asset.
Despite the legal tussle, Musk has repeatedly assured the community that he will not stop supporting Dogecoin. Meanwhile, the billionaire may be holding off on showing his support for DOGE until the conclusion of the lawsuit.
On the other hand, the US SEC’s increased scrutiny of crypto influencers could be another reason for Musk’s delayed support for DOGE. Overall, there is an expectation from the community for the billionaire to improve the utility of the meme token.
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