© Reuters. The End of the Elon Musk x Dogecoin (DOGE) Saga?
- Jane Manchun Wong recently uncovered evidence that Elon Musk might be on the cusp of rolling out a new Twitter “Coins” feature.
- Despite his moniker of “The Dogefather,” Musk last tweeted about (DOGE) on December 25th, 2022.
- Twitter Coins and their associated features could put Dogecoin on the sidelines.
After Musk acquired Twitter in October 2022, the social media platform has been rolling out new features and updates regularly, with varying levels of success. Even so, Musk has expressed his intent to continue developing Twitter to increase the platform’s reach and engagement.
Recent Twitter updates have seen the value of DOGE rally. Still, reports of the development of Twitter Coin could see the end of this prosperous relationship between Elon “The Dogefather” Musk and Dogecoin.
A Glorified Rewards System?
Adding fuel to the rumors, Jane Manchun Wong recently tweeted that Twitter might be on the cusp of rolling out the new “Coins” feature.
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Twitter is working on Coins purchasing screenOn the web, Twitter Coins purchase will be done through Stripe https://t.co/RFpWswnZfG pic.twitter.com/eAzPWjfoye
— Jane Manchun Wong (@wongmjane) January 10, 2023
Twitter Coins will reportedly be purchased with fiat currency via Stripe and may not involve crypto in any form. Initial leaks suggest that the Coins will reward other users for posting individual tweets using Twitter Coins, similar to the Reddit Award System.