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You are here: Home / Cryptocurrency News / Altcoin News / Shiba Inu Might Help Twitter Usher In The X Age: Here’s How

Shiba Inu Might Help Twitter Usher In The X Age: Here’s How

By Lipika Deka | Edited By Sahana Kiran,July 26, 2023, 4:30 PM

Shiba Inu Might Help Twitter Usher In The X Age: Here's How

DOGE proselytizer Elon Musk playfully mentioned Shiba Inu during a Twitter discussion about the platform’s switch to X, catching the interest of the SHIB Army. One of Musk’s ardent followers first tweeted that even if the site changed to a donkey, he’d still browse for 6 hours a day. Musk answered, “We rebranded as a Shiba Inu dog for a while. No impact.”

This sparked a lengthy conversation with a SHIB influencer who took the chance to give her thoughts on how Shiba Inu could aid Twitter in the ‘X’ era and how the two most well-known meme coins could finally begin a mutually beneficial partnership.

Lola initially made the suggestion that SHIB may be utilized for ad earnings instead of Fiat. She then believed that in order to avoid regulatory difficulties, X/Twitter needed a full DeFi token similar to Shiba Inu. “They are Enterprise, hence they cannot utilize their own token because it is against Howey,” Lola stated.

Shiba Inu Is Accessible Anywhere In The World

The crypto influencer also doubled down on the meme token’s popularity, saying the token has gained widespread adoption in over 100 CEXs and an even greater number of DEXes across the globe. “Nations are adding them to an official national digital asset list. SHIB is running on Ethereum, and it is agnostic and can be integrated into any CRM database.”

Even FEDNOW can be integrated with it and Shibarium Shib is accessible anywhere in the world. No government, no clowns. It is integrated also with a lot of payment platforms including Visa and Mastercard.

As reported by TronWeekly, Twitter received a new avatar after Elon Musk indicated that the site’s bird-themed logo would eventually be discontinued in favor of X. Following the news, Dogecoin’s price rose to a 10-week high. The currency, which is frequently referred to as the original meme coin, also saw a massive surge in trading volume, reaching levels last seen in early April.

On the other hand, its nearest competitor, SHIB, is also bustling with activity as its team works on integrating hundreds of projects into its ecosystem following the launch of the L2 scaling solution on the mainnet in August.

Filed Under: Altcoin News

About Lipika Deka

Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.

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