Closer to Crypto Integration: Twitter Considers Adoption of Dogecoin and Digitoads, Potentially Boosting Their Rally
Twitter has obtained three licenses to operate as a Money Transmitter in the US, indicating a step towards integrating payment features within its app. This development brings Elon Musk’s vision of incorporating crypto payments into Twitter closer to reality. If crypto payments are added, Dogecoin and DigiToads might be the first two payment options on the app, leading to a potential price rally for these assets.
Dogecoin, a cryptocurrency that started as a meme, has gained significant popularity and value due to Musk’s tweets and endorsements. The potential integration of Dogecoin into Twitter’s payment system has led to speculation and a surge in its price. However, it should be noted that Dogecoin is an inflationary token, leading to price volatility.
DigiToads, an alternative to Dogecoin, is gaining recognition for its utility-rich ecosystem, deflationary tokenomics, and price growth. In the DigiToads metaverse, play-to-earn (P2E) is a catalyst for user interaction and an educational tool about the metaverse. The project has raised over $6 million and sold over 96% of the tokens available during its presale stages. DigiToads’ launch date has been announced, with the presale concluding on August 15 and the official exchange launch on August 21.
Accepting crypto payments on Twitter would be a significant advancement for the cryptocurrency market, and both Dogecoin and DigiToads stand to profit greatly. However, these are speculations and not confirmed facts. Investors looking to reduce risks and make confident investment selections may consider DigiToads, as its deflationary tokenomics, promising roadmap, and integrated features attract investors.
It is important for users to do their own research before taking any actions related to the mentioned companies.