The price of Dogecoin has been rallying in tandem with the bullish news of Elon Musk purchasing Twitter. It continues to maintain such high values even in a bear market due to the expectations that Musk, who has publicly expressed support for the meme coin in the past, would incorporate the crypto into the social media platform. However, Musk has not shown any indication of doing this so far, so what happens if crypto is not implemented into Twitter? Twitter Dropping Its Crypto Plans Elon Musk’s ownership of Twitter has come with a lot of expectations, especially among crypto investors. At first, it did look like the billionaire planned to move forward with its plans for implementing and making crypto a prominent part of the platform. But this has changed with news coming out of the market on Friday. Related Reading: Ethereum Must Hold $1,500 Or Risk A Decline To $1,300 Twitter has reportedly officially stopped its plans to develop its crypto wallet feature. This product would have allowed users to send, receive, and store cryptocurrency on the social media platform, but it has now been shelved following massive layoffs by the company. On Thursday, the social media platform reduced its workforce by 50% and is reportedly focusing its manpower on other products including the $8 verification fee proposed by Musk. The platform apparently wants to get this feature launched in November, alongside a product previously called “Super F...
Crypto Remittances to El Salvador Drop 45%
