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From Twitter to X – beyond the name
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X, formerly known as Twitter, has become a significant player in the world of cryptocurrencies and Web 3.0. Under the ownership of Elon Musk, X has transformed from a microblogging web application into a multifaceted platform with 450 million monthly active users. Musk envisions X as an “everything app” that seamlessly integrates social, financial, and commercial functionalities.
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Integration of cryptocurrency payments
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One of the most exciting developments on X is its plans for cryptocurrency integration. X has obtained a license to integrate cryptocurrency payments and is developing a crypto payments system called ‘Coins.’ Backed by e-commerce giant Stripe, this system could revolutionize the Web 3.0 industry. Imagine being able to make purchases, transfer funds, and receive payments using cryptocurrencies through X.
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An invaluable tool for Web 3.0 brands
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X is home to a vibrant community of crypto users and enthusiasts, making it an ideal space for Web 3.0 projects to thrive. Influential figures in the crypto community actively engage with users on X, shaping trends and sharing insights. The growth of crypto-related topics and discussions on X has been remarkable, with over one billion posts directly mentioning or referring to cryptocurrencies since 2020.
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The future of crypto unfolds on X
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X’s master plan is to create a hub where users can engage in financial transactions, explore commercial opportunities, and connect with a global community. With its steps towards cryptocurrency integration and the support of Stripe, X is at the forefront of mainstream crypto adoption. It has also become an indispensable tool for Web 3.0 brands due to its concentration of crypto users and influential figures in the crypto space.
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Hot Take: The Future of Crypto Growth on X
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X, formerly known as Twitter, has evolved into a powerful platform for the crypto industry and Web 3.0. With Elon Musk at the helm, X aims to be an all-encompassing app that seamlessly integrates social, financial, and commercial functionalities. Its plans for cryptocurrency integration, backed by a license and the support of Stripe, are game-changing for the Web 3.0 industry. X has also become a central hub for crypto users and key opinion leaders in the crypto space, driving discussions and shaping trends. The future of crypto growth unfolds on X, and it’s time to embrace it.
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