Twitter Code Leak Reveals Secret Crypto Bomb, Raising Serious Questions About Bitcoin and Dogecoin

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Tech sleuths claim to have uncovered a secret new Twitter feature that could be set to wreak havoc on the world of bitcoin and crypto (including Elon Musk’s favorite dogecoin) amid staking speculation. at wild level).

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Twitter code shows development of potential “Twitter coin” cryptocurrency that could rival bitcoin and dogecoin, researchers say just days after new Twitter owner Elon Musk sent cryptocurrency different which rose by 300%.

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Twitter’s new owner, Elon Musk, has rocked the social network, laying off large swathes of staff and… [+] promising radical new features that could include bitcoin, dogecoin or crypto payments

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“Twitter is working on coins,” posted Nima Owji, who runs a Twitter-leaks account on the platform, alongside screenshots of a Twitter interface showing a “coins” option for tips.

“It’s not rolled out yet; there’s little information on what exactly it is,” tech leaks manager Jane Manchun Wong told The Block after posting similar screenshots. Wong later deleted his posts and his Twitter account.

Ever since it was taken over by billionaire Tesla Elon Musk, speculation and rumors have swirled that Twitter might be rolling out bitcoin, dogecoin, or crypto features, which Musk has been encouraging through his promises to make Twitter a super WeChat-like app.

“WeChat has a lot of features that Twitter should have,” Musk said during a Twitter Spaces broadcast listened to by just over 2 million people over the weekend. “It’s sort of a no-brainer for Twitter to have payments, both in fiat and crypto, and to make that easy and simple for people to use.”

Musk predicted that “people will use cryptocurrencies that they believe will increase in value over time and will not use those that do not.”

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MORE FROM FORBES One of Bitcoin and Crypto’s Biggest Bulls Just Released a Shock Price PredictionBy Billy Bambrough

Dogecoin price bucked the general downward trend in bitcoin and crypto price after Elon Musk… [+] took Twitter private as traders bet dogecoin could be integrated into the platform.

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The price of the meme-based dogecoin, repeatedly named by Musk as his favorite cryptocurrency in recent years, surged following its Twitter takeover. The price of dogecoin has dropped this week as rumors swirl around a potential Twitter coin.

“I think crypto has a role to play going forward, not to mention any cryptocurrency in particular, as a way to ensure that the monetary system doesn’t get completely corrupted,” Musk said. “It basically provides competition to the fiat system. So if the fiat system becomes too restrictive, the crypto will grow.”

However, some dogecoin proponents have speculated that the Twitter coin is a development codename for dogecoin. “Twitter coin is code not to say dogecoin,” said one dogecoin supporter.

Last month, Twitter’s iPhone code revealed references to the Signal message application protocol for encrypted private messages, suddenly driving the price of the Signal-linked cryptocurrency mobilecoin by around 300%.

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