What Elon Musk’s investment could mean for Twitter’s crypto plans

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Crypto loves them some Musk. Now that he owns 9.2% of Twitter, what can we expect?

Ken Li, investment director at Binance Labs, told Cointelegraph that Musk’s investment can help push the platform’s crypto initiatives forward and even lead to the integration of DOGE within the platform.

“Elon has always been very public about the concept of a more decentralized and censorship-resistant social media platform, and this is something that blockchain and Web3 technology can help enable.”a funny poll, there was no official announcement regarding the billionaire’s plans for the company.

Apart from BTC, Elon Musk has been affiliated with DOGE. Because of his love of memes, Musk‘s DOGE tweets have been linked to the asset‘s price soaring, leaving musk to be accused of price manipulation. The billionaire also declared later in 2021 that DOGE is better than BTC when it comes to payments. In January 2022,Despite this, official records show that Musk’s electric car-making firmas of late 2021.

 

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