After Musk announced his intention to renew his Twitter buyout deal, the cryptocurrency market is up in flames with new generalizations and opinions. With the proposal back on track, Crypto Twitter is buzzing with thoughts and suggestions about what the new Twitter should look like under Tesla CEO Elon Musk's supervision.

The Crypto Rand Group wrote on Twitter a list of new changes that he may implement if the Musk-Twitter buyout deal is finalized soon. According to the firm, he may also consider introducing digital payments on Twitter, which could propel the sector to new heights.

He previously stated his intention to incorporate Dogecoin payments into Twitter Blue. He may also experiment with the general framework of the microblogging platform and may start introducing an edit button to enable users to edit previously published tweets. Remarkably, Twitter Blue has already begun investigating ways to implement the edit button, which appears to be in the early stages of testing.

According to the firm, Elon Musk may also be working to eliminate rampant bots. During a TED talk in April, he recognized the growing issue on Twitter and voiced his desire to eradicate them.

Renews Twitter Purchase Agreement

Elon Musk made an unexpected announcement on Tuesday. He actively announced his intention to renew his Twitter buyout deal, which had previously fallen through due to Twitter's failure to disclose the crypto bot information Musk had demanded.

Once again, he is interested in acquiring Twitter and has outlined a $44 billion deal. In response to the latest developments, Twitter issued a counter-statement, stating that after receiving Musk's letter, it aims to close the purchases at $54.20 per share. Notably, Twitter's stock reacted positively to the news, rising as much as 20% to $52.

Furthermore, the meme-inspired cryptocurrency Dogecoin soared past 6% on Wednesday after he announced his intention to repurchase Twitter. At the time of writing, Dogecoin is up 1.96% to $0.06409.

He said that Twitter's investment could help accelerate the creation of "X," which the SpaceX CEO has defined as an "everything app."

How will this impact other social media platforms? Do you think this will be successful? Let us know your thoughts by sharing this article on social media.

Posted 
Oct 6, 2022
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