Twitter Expands Its Crypto Price Index To 30 Tokens

Since its recent launch of its "$Cashtags" feature, which allows users to search the price of stocks and individual cryptocurrencies directly on the platform, Twitter has quietly added over 30 searchable tokens.  

Bitcoin (BTC) and Ether (ETH) were the first tokens announced as part of the microblogging site’s new feature, inviting users to type a dollar sign ($) before them in the search bar to see a display of their current prices. 

On Monday, Cointelegraph discovered 30 of the top 50 tokens by market capitalization in Twitter’s system, including Tether, XRP, Binance USD, Cardano, Solana, Polygon, Litecoin, Dai, Avalanche, Uniswap, Dogecoin, Decentraland, Sandbox, and Shiba Inu. 

Some crypto enthusiasts expressed their excitement at the addition of certain tokens, including the community behind Dogecoin, which Twitter CEO Elon Musk has publicly backed on the platform. 

“Twitter has added the $DOGE hashtag!,” @itsALLrisky posted. “Thank you Elon and $TWTR engineers!”

Other top-20 cryptocurrencies were omitted without explanation, including BNB, USD Coin, OKB, Lido Stakes Ether, Polkadot, and Tron. Yet, according to the Twitter Business account’s original announcement, more cryptocurrencies may continue to be added. 

Twitter’s original announcement on December 21 caused a stir from the platforms’ crypto community, who were confused about Twitter’s potential partnerships with market-tracking website TradingView, which is providing the market information for each stock and token, and trading platform Robinhood, which is linked to price-index results. 

Still no partnership agreements have been officially announced by Twitter. 

 

Next story loading loading..