June 16, 2024

Elon Musk’s X Post Triggers Crypto Community’s Enthusiastic Response

Tech mogul Elon Musk has introduced new feature on his X platform, making crypto community excited about it

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Elon Musk has taken to Twitter/X to introduce a new feature that is available to Premium+ users, encouraging users to begin utilizing it. The new feature is the ability to add posts to the highlights section of a user account. The cryptocurrency community was quick to respond.

Here’s what you can now do on X

He tweeted: “If you post interesting art, either written or visual, add it to the highlights section of your profile.”

In another X post published today, Musk invited the community to post music videos on the X app. Both posts triggered a positive reaction from the cryptocurrency and regular communities of users on the social media platform.

In particular, several XRP and Dogecoin-themed accounts responded enthusiastically to his posts.

Elon Musk frequently triggers waves of comments with his tweets, in which both enthusiastic and negative ones can be spotted. At the moment, the Tesla chief executive and owner of X and several other innovative tech companies, Musk, has the biggest amount of followers on the X platform — 169,500,000.

Musk does not only share news about new X updates and post news related to Tesla e-cars and SpaceX, he also publishes memes frequently, thus attracting meme lovers and, in particular, the co-founder of Dogecoin Billy Markus. The latter is known on X as “Shibetoshi Nakamoto,” and Musk considers him a pen friend, according to one of Musk’s earlier responses on X.

Musk continues to hold Dogecoin

In a recently published podcast, Elon Musk confessed that he continues to hold his Dogecoin stash and has not sold any part of it. Per his statement, SpaceX also continues to hold a portion of Bitcoin; he did not specify the size of it, though.

DOGE first attracted Musk’s attention approximately in 2019, when the tech magnate began publishing memes, often featuring either DOGE or the Shiba Inu dog Kabosu, which inspired the creators of Dogecoin and was taken by them as mascot.

Back then, Musk’s tweets helped Dogecoin print massive price surges.

In 2021, Tesla bought Bitcoin and began accepting BTC as payment for its cars. But that did not last long as Musk shut Bitcoin payments down over controversial environmental concerns related to Bitcoin’s proof-of-work mining algorithm.

About the author

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

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