Home » Soon a Twitter Coin? Research points in that direction

Soon a Twitter Coin? Research points in that direction

by Patricia

Jane Manchun Wong, who is known for investigating popular apps to reveal upcoming features, has just published her findings on the possibility of Twitter currencies. Twitter’s blue bird social network will soon have a payment system

Twitter Coin coming soon

Will the social network Twitter launch its own cryptocurrency? This is the question that many Internet users have been asking since Elon Musk, the CEO of Tesla and now owner of the bluebird network, mentioned the possibility of making payments directly on the platform last month.

And this hypothesis was today supported by a discovery by Jane Manchun Wong, a researcher known for having made numerous findings on the biggest applications such as Facebook, Instagram, Snapchat, Airbnb or Google, and then revealing them publicly. Of course, these are future features that are supposed to remain secret.

As for the possibility of a Twitter Coin, the developer shared a snapshot of what appears to be a possible Twitter currency in one of the future versions of the app. For reasons that are still unknown, Jane Manchung Wong set her account to “private” before deleting it altogether.

Capture of Jane Manchun Wong's tweet, since deleted

Capture of Jane Manchun Wong’s tweet, since deleted


Jane Manchun Wong had also shared a screenshot of the application’s application programming interface (API), showing a “Coins” section in the Twitter tips section.

However, as the section is empty beyond the header, it is currently impossible to know what type of currencies it might be.

Twitter API capture by Jane Manchun Wong

Twitter API capture by Jane Manchun Wong


In addition, after revealing a glimpse of what the future Twitter’s bonnet might look like, Jane Manchun Wong deleted all her social networks and switched her GitHub account to Private mode

Why a currency on Twitter?

On November 9, the New York Times informed us that the company Twitter had filed registration documents to acquire the ability to manage payments on the platform. The day before, Elon Musk mentioned the possibility of a money exchange system between users of the platform as well as an option to send funds from Twitter to a bank account.

This possibility, revealed during a Twitter Space, would be based on the “Twitter Blue” verification system, which requires the authentication of individuals wishing to obtain this privileged status on the platform.

In addition, Elon Musk had also mentioned a savings system directly integrated into the platform, which would place Twitter as an indirect competitor to Apple and its new returns system launched in parallel with its Apple Card.

In keeping with the news surrounding Elon Musk and therefore now Twitter, Dogecoin (DOGE) reacted positively to these revelations, posting a gain of just over 8% over the course of an hour. DOGE is currently trading at $0.1 and retains its 8th place in terms of market capitalisation across all cryptocurrencies.

Dogecoin price on the day

Dogecoin price on the day

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