Elon Musk Promises to Monetize Twitter User Content Soon. Dogecoin To Pump

After taking over Twitter last year, Elon Musk made several changes to Twitter. Elon Musk, the CEO of Twitter, also stated that creators will have the ability to monetize their content on Twitter. Dogecoin enjoyed a spectacular rally.
On Saturday, a Twitter user claimed that his tweet impressions had exceeded 1 million for the first-time. But the problem is that he doesn’t know how to monetize them. The tweet impressions grew by 102.8% to 1.37 million.


“I know that most of you do this all the while, but this is my first time crossing a billion. Now the question is, “How do I turn this into dollars?”

Dogecoin founder Billy Markus Shibetoshi Nakamoto replied to let him know if he has a method of turning tweets into cash.

Elon Musk responded that the team is working to help Twitter users make money from their content. The topic sparked discussions with many users, who tried to suggest indirect ways to monetize. The user replied that he could accept Dogecoin, even if he didn’t have fiat.
Trending Stories

We are working on it
— Elon Musk (@elonmusk), February 18, 2023
Developer Nima Owji explained that Twitter is still working on the development of the virtual currency “Coins”. The function and announcement about Coins has been updated in the Twitter developer version. A label on Twitter displays the amount of Twitter Coins a tweet has received.

Dogecoin’s graphic designer DogeDesigner stated that the amount of ‘Twitter Coins received’ is likely to be displayed in every tweet. Elon Musk did not comment on the matter.
Elon Musk announced on February 3 that the company would share advertising revenue with creators, as Twitter moves towards a “creator economy.” Users must sign up for Twitter Blue, which costs $8 per month.
The tweet by Elon Musk did not cause a reaction in the Dogecoin market. The DOGE price currently trades at $0.08715, an increase of 1% following a significant rally over the past few days.
The 24-hour lows and highs are $0.08639 (and $0.08847 respectively). The trading volume has dropped by 50% over the last 24 hours, which indicates a decline of interest.
Also read: Ark Invest CEO Cathie wood’s Next Strategy on Bitcoin, Tesla And AI

About the author

The content presented may contain the author’s personal opinion and may not reflect current market conditions. Before investing in cryptocurrency, do your market research. The publication or the author are not responsible for any financial loss.

Crypto Stories
View all