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Twitter’s Crypto Price Index Feature Grows To 30 Tokens And Counting

source-logo  cryptovibes.com 16 January 2023 13:41, UTC

Twitter quietly expanded its new cryptocurrency price search feature with 30 more cryptos added to the service. This expansion is meant to enable users to search the price of individual tokens, adding another 30 tokens to the list.

These new additions are part of the social media behemoth’s “$Cashtags” feature, highlighted by the Twitter Business account on December 21. Ether (ETH) and Bitcoin (BTC) were the first to be part of the new feature.

Tweeting or searching for a crypto token or ticker symbol with a dollar sign ($) in front now links to pricing graphs for these symbols.

Notably, 30 of the top 50 tokens by market capitalization, including XRP, Tether (USDT), Cardano (ADA), Binance USD (BUSD), Polygon (MATIC), Dai (DAI), Solana (SOL), Litecoin (LTC), Uniswap (UNI), Avalanche (AVAX), Shiba Inu (SHIB), and Dogecoin (DOGE).

Dogecoin’s Twitter community was quite delighted with the addition, given new Twitter CEO Elon Musk has offered many words of support for the crypto on many occasions.

Twitter has added the $DOGE cashtag!

Clicking or searching $DOGE automatically brings up price data for #Dogecoin

Thank you Elon and $TWTR engineers! pic.twitter.com/f3GNb6Dkn9

— 💸💸💸 (@itsALLrisky) January 12, 2023

However, there were some major omissions at the time of publication, such as USD Coin (USDC), BNB, Lido Staked Ether (stETH), OKB, Tron (TRX), and Polkadot (DOT).

That was despite the crypto tokens getting listed in the top 20 cryptos by market cap. The other tokens added include Ethereum Classic (ETC), Wrapped Bitcoin (WBTC), Bitcoin Cash (BCH), Internet Computer (ICP), Stellar (XLM), Decentraland (MANA), and The Sandbox (SAND).

It is not yet clear how these tokens will eventually get added, but the Twitter Business account’s original announcement said that other cryptos would continue to get added to the list.

The price index is understood to pull its data from TradingView but also features a link to view the crypto on the online trading platform Robinhood. But, no partnership agreement has been officially published between the two entities.

Since taking over the management and ownership of Twitter, Elon Musk has shared some glimpses into what his vision of “Twitter 2.0” may look like, including the potential integration of crypto-based payments on Twitter.

cryptovibes.com