Latest news from the Twitter crypto community

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What’s going on in the Twitter crypto community? Below you’ll find all the latest news from new CEO Elon Musk and an in-depth look at Gmoney, the platform that recently bought the blue tick from the popular social media outlet.

Native crypto platform Gmoney buys the blue tick on Twitter

Recently, Gmoney, the first native crypto lifestyle platform, and 9dcc, an acronym referring to the last four digits of the Ethereum wallet, bought the business verification tick on Twitter.

As we know, since Elon Musk is the new CEO of the social platform, verified organizations have the option to extend paid blue tick and logo placement to brand affiliates.

Thus, the first 25 members of the 9dcc Network Points Leaderboard will have the opportunity to obtain free affiliate badges from 9dcc, the tweet states:

Starting Monday, the Top 25 in the network points leaderboard will be offered free account membership for 9dcc.

This is the highest recognition from @9dccxyz to reward the best members of the community.

I expect other communities to follow this new trend. pic.twitter.com/VVZBkxDh4y

— gmoney.9dcc.eth (@gmoneyNFT) April 26, 2023

In this sense, the decision made by Gmoney is quite strategic, given its interest in Elon Musk’s monetization strategy for Twitter and is an element of its approach to gamification in its 9dcc ecosystem.

Gmoney, in fact, is an integral part of the Web3 community and works in various creative fields. He’s now creating new, innovative ways to use NFTs, the Metaverse, and more. 9dcc, in particular, highlights how web3 will play a role in the new lifestyle and fashion platform.

Twitter Blue among the greatest innovations introduced by Elon Musk

As we know, since the billionaire entrepreneur Elon Musk bought Twitter, the prestigious social platform has undergone several changes within it, including the launch of new features not always without criticism.

In fact, the platform has transformed almost drastically amid mass layoffs, resignations, and office closures.

However, among the most important novelties is the subscription introduced by Musk to Twitter Blue.

The new feature is also available in Italy from 8 euros per month and allows anyone, after subscribing to social, to edit tweets, access advanced themes, NFTs as a profile picture, but also to write posts up to 10,000 characters.

Last but not least, there is the introduction of paid access to the blue tick, previously issued exclusively to high-profile figures with the aim of confirming their identity to readers and subscribers.

Additionally, Twitter Blue introduces other new checkmarks in different colors for users. These include the gold checkmark for verified organizations, the organization badge that indicates an account’s affiliation with verified organizations.

And the gray tick given to government agencies, mainstream media and some public figures.

Musk and Dogecoin Mentions on Twitter Move Crypto Price

In addition to the more technical changes, Elon Musk has also been wreaking havoc on the Twitter community recently with his comments in support of the crypto Dogecoin, which he has always been a big supporter of.

In fact, earlier this month, the Tesla CEO defined the crypto’s Dogecoin logo, which has the face of a dog breed Shiba Inu as its emblem, instead of the traditional blue bird.

Even though it was taken down soon after, with this move by Musk, Dogecoin saw its value increase significantly in a short period of time. Specifically, memecoin’s market share grew by 2.5 billion in an afternoon.

It’s no coincidence that Musk is currently in the midst of a $258 billion lawsuit for allegedly being the architect of the disproportionate growth of the Dogecoin cryptocurrency. Investors specifically accuse him of driving the coin’s price up by more than 36,000% in two years through a pyramid scheme.

Musk quickly moved to dismiss the lawsuit, which is why his attorneys said the following:

“There is nothing illegal about tweeting words of support or funny images about a legitimate cryptocurrency that continues to have a market capitalization of nearly $10 billion.

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