Blog

Binance CEO “CZ” within the newest AMA on Tuesday mentioned Twitter ought to assist a number of cryptocurrencies as Elon Musk hints to introduce Dogecoin (DOGE) to Twitter. Binance CEO additionally answered questions on BNB assist on Twitter, investments in Twitter, Binance Oracle, and Binance’s NFT undertaking.

Binance CEO: Twitter Should Support Multiple Crypto

In an AMA session on November 1, Binance CEO “CZ” was requested a number of questions concerning Binance’s half in implementing crypto to Twitter. Also, whether or not BNB will likely be added on Twitter, alongside Dogecoin (DOGE). Elon Musk at this time hinted at Dogecoin coming to Twitter, a number of days after closing the $44 billion acquisition of Twitter.

Binance CEO mentioned they aren’t deeply concerned with Twitter operations, however simply an investor within the deal. Binance will help Musk in web3, settle for funds in crypto, and scale back spam bots. However, he believes Twitter ought to assist a number of cryptocurrencies, not simply DOGE or BNB. Probably, choosing only one crypto is just not the only option.

Furthermore, he answered queries on Binance Oracle and choice standards, integrating BNB on Twitter, and Binance’s NFT undertaking. The BNB ecosystem allows customers to purchase and promote NFT cost-efficiently. However, the NFT market remains to be small and at present in a downturn.

Moreover, he asserts Elon Musk is busy dealing with Twitter and firing staff. So, it isn’t at present a greater time to assist crypto on the platform. However, Elon Musk is a giant Dogecoin fan and holds Bitcoin. So, there could possibly be some crypto-related implementations on Twitter.

Commenting on fixing folks rugs pulled into scams, he believes educating folks on researching and investing in trusted initiatives can defend buyers from scams. He additionally cites dealing with the hack on BNB Chain.

Dogecoin (DOGE) Price Jumps 135% After Twitter Acquisition

Dogecoin (DOGE) value has jumped considerably since Elon Musk completed the Twitter deal. Dogecoin value soars over 15% within the final 24 hours and over 135% in per week.

At the time of writing, the DOGE value is buying and selling at $0.13. The 24-hour high and low for Dogecoin are $0.11 and $0.15, respectively. The buying and selling quantity is up practically 40%.

Varinder is a Technical Writer and Editor, Technology Enthusiast, and Analytical Thinker. Fascinated by Disruptive Technologies, he has shared his data about Blockchain, Cryptocurrencies, Artificial Intelligence, and the Internet of Things. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at present masking all the newest updates and developments within the crypto trade.

The introduced content material could embrace the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.