Twitter, which was bought by Elon Musk in the past months, has an important place in the field of Bitcoin and altcoins with its moves towards cryptocurrencies. In addition, many investors and analysts in the cryptocurrency space share their comments on this platform. For this reason, Twitter has introduced a feature that allows the price chart to be seen when the tickers of some cryptocurrencies are written. This feature was initially enabled for Bitcoin, Ethereum, DOGE and SHIB. However, now, price information is also seen in altcoins such as Cardano, SOL, MATIC, LTC. Here are the details…
Cashtag feature activated for 30 altcoins including Cardano
Twitter has quietly expanded its new crypto feature that lets users search for the price of individual tokens, adding at least 30 more tokens. The new additions are part of the “Cashtags” feature, which the social media giant announced on December 21 by its Twitter Business account with the news that Bitcoin (BTC) and Ethereum (ETH) are part of the new feature. You can access price charts by tweeting or searching for a crypto or stock symbol with a dollar sign ($).
Twitter has added the $DOGE cashtag!
Clicking or searching $DOGE automatically brings up price data for #Dogecoin
Thank you Elon and $TWTR engineers! pic.twitter.com/f3GNb6Dkn9
— 💸💸💸 (@itsALLrisky) January 12, 2023
It has now been observed that 30 of the top 50 tokens by market cap, including Tether, are active in this cashtag feature. First of all, the following coins are included in this feature: USDT, XRP, BUSD, ADA, SOL, MATIC, LTC, DAI, AVAX, UNI, DOGE, SHIB. Dogecoin’s Twitter community was particularly happy when new Twitter CEO Elon Musk offered words of support for the cryptocurrency in many cases.
However, there were some major shortcomings, at least for now, such as BNB, USD Coin, OKB, Lido Staked Ether (STETH), Polkadot, and Tron. Other tokens added include Wrapped Bitcoin (WBTC), Ethereum Classic, Bitcoin Cash, Stellar, Internet Computer (ICP), Decentraland and The Sandbox.
Other tokens will also be added
It’s unclear how the tokens will eventually be added, but the Twitter Business account’s original announcement hinted that the tokens will continue to be added. It appears that the price index got its data from Trading View. But you also have the opportunity to click on a link to view the cryptocurrency on the online trading platform Robinhood. With this, cryptocoin.comAs we have reported, no partnership agreement between Robinhood and Twitter has been officially released.
Since taking the reins of Twitter, Musk has shared brief insights into what his “Twitter 2.0” vision could look like, including the possible integration of cryptocurrency-based payments into Twitter. The community is especially eagerly awaiting Musk’s moves. In addition, Musk continues to influence the field with some of his tweets.
