The cryptocurrency market exploded with new assumptions and opinions after Tesla CEO Elon Musk announced his decision to resume the deal to buy back shares of Twitter. When the offer is back in business, the cryptocurrency Twitter is full of moods and ideas about what the new Twitter should be under the leadership of Tesla CEO Elon Musk.
Crypto Rand investment group has shared its vision of what the new Twitter under Musk's leadership should look like.
Crypto Rand Group took to Twitter to share a list of new changes that the head of Tesla may make if the Musk-Twitter buyout deal is completed in the near future. According to the firm, Musk may also introduce cryptocurrency payments to Twitter, which could take this sector to a whole new level.
Elon Musk previously announced his decision to integrate Dogecoin payments into Twitter Blue. The firm also said that Musk may also experiment with the overall structure of the microblogging site and may introduce an edit button so that users can edit their already published tweets.
Notably, Twitter Blue has already begun exploring ways to introduce an edit button, which currently seems to be in the early stages of testing.
The firm also shared how the billionaire can also work on weeding out rampant cryptobots. During a TED talk in April, Musk acknowledged the growing problem of cryptobots on Twitter and expressed a desire to destroy cryptobots on the social network.
"If I had Dogecoin for every cryptocurrency scam I've seen, we'd have 100 billion Dogecoin." "The top priority for me would be to destroy spam and scam bots, as well as the armies of bots that are on Twitter."
Musk actively announced his decision to resume the Twitter buyout deal, which previously went awry due to the fact that Twitter did not disclose information about the cryptobots requested by Musk.
The head of Tesla is again interested in acquiring Twitter and has proposed a $44 billion deal to continue the acquisition. In response to recent events, Twitter issued a counter statement, adding that it intends to close deals at a price of $54.20 per share after receiving a letter from Musk. It is noteworthy that Twitter shares reacted positively to this news, trading at $ 52 after rising by as much as 20%.
In addition, the meme-inspired cryptocurrency Dogecoin also surged more than 6% on Wednesday when Musk announced his intention to buy Twitter again. At the time of publication, Dogecoin rose by 1.96% and is worth $ 0.06409.
Musk also tweeted how the acquisition of Twitter could help accelerate the development of "X," which the SpaceX CEO called a "universal application."