The crypto market has been expecting the integration of digital assets into Twitter, following Elon Musk’s big takeover. While many of them assumed that the integration would be in the form of payments, Musk certainly surprised netizens. The “$Cashtags” feature made its debut back in December 2022 with just two assets Bitcoin [BTC] and Ethereum [ETH]. Now, this list has expanded to thirty.
By displaying pricing graphs when users click on the symbol of a significant stock, ETF, or cryptocurrency, Twitter decided to improve the user experience for cashtags. Users can simply add a dollar [$] symbol before a stock or crypto to create a clickable cashtag.
Although it is known that the price index obtains its information from Trading View, it also provides a link to the crypto’s page on the online trading site Robinhood.
The Shiba Inu & Dogecoin community managed to detect cashtags for their respective crypto assets. While Dogecoin wasn’t a surprise, the incorporation of its rival SHIB certainly was.
Others apart from the aforementioned crypto assets were Tether [USDT], Binance USD [BUSD], Solana [SOL], XRP, Litecoin [LTC], Avalanche [AVAX], Uniswap [UNI], Polygon [MATIC], Cardano [ADA], Dai [DAI], Decentraland [MANA], Bitcoin Cash [BCH], The Sandbox [SAND], Stellar [XLM], Ethereum Classic [ETC], Wrapper Bitcoin [WBTC], Cronos [CRO], Tezos [XTZ], ApeCoin [APE], Algorand [ALGO], Axie Infinity [AXS], Hedera [HBAR], ZCash [ZEC], Maker [MKR], and Internet Computer [ICP] were part of this list.
During its initial announcement, Twitter said,
“In the coming weeks, we’ll refine the user experience and expand our coverage of symbols.”
Meme crypto assets have been dominating the Twitter space. Several speculate that along with Shiba Inu & Dogecoin, a plethora of other meme coins may land on Twitter.
Crypto assets that did not make it
Despite being among the top ten and CZ’s involvement in Musk’s Twitter deal, Binance Coin [BNB] was still not featured. However, Binance’s stablecoin made it to the list. In addition to this, USD Coin [USDC], OKB, Polkadot [DOT], Tron [TRX], Chainlink [LINK] as well as Lido Staked Ether [STETH], Monero [XMR] weren’t part of the list.
While it is not sure if these assets would be featured on Twitter’s cashtag, more symbols are expected to be added.