Elon Musk promises to soon monetize Twitter user content, Dogecoin on the rise?

Elon Musk has made several Twitter-related changes that he promised after taking control of the social media giant last year. Twitter CEO Elon Musk also confirmed earlier that creators will be able to monetize content on Twitter. The dogecoin then experienced a splendid rally.

On Saturday, a Twitter user said his tweet impressions had surpassed 1 million for the first time, but the problem is that he doesn’t know how to monetize it. Tweet impressions reached 1.37 million, a 102.8 percent increase.

“I know most of you guys do this all the time, but this is the first time I’ve gone over a million. Now the question is how to turn that into dollars.”

Dogecoin founder Billy Markus “Shibetoshi Nakamoto“, replied to also let him know if he finds a method to turn tweets into money.

Elon Musk replied that the’team was working to help Twitter users monetize their content. Musk’s response sparked conversations on the topic, with several users attempting to suggest different indirect methods of monetization. The user responded that he could also accept Dogecoin, short of fiat.

We’re working on it

Elon Musk (@elonmusk) February 18, 2023

Interestingly, developer Nima Owji revealed that Twitter continues to advance the development of the virtual asset “Corners“. The developer version of Twitter has updated the feature and the announcement of the use of Coins. A label on Twitter indicates the amount of Twitter Coins a tweet has received!

Dogecoin’s graphic designer, DogeDesigner, stated that the amount of “Twitter CoinsThe “received” is likely to be displayed on every tweet. However, Elon Musk has not commented on this.

On February 3, Elon Musk announced that the company would begin sharing ad revenue with creators as Twitter moves toward a “creator economy.” However, users must be signed up for Twitter Blue, which starts at $8 a month.

Dogecoin price doesn’t respond to Elon Musk

The price of dogecoin has not reacted to Elon Musk’s tweet. The price of DOGE is currently trading at $0.08715, up 1% after a significant rally over the past few days.

The 24-hour low and high are $0.08639 and $0.08847 respectively. In addition, trading volume has decreased by 50% over the past 24 hours, indicating a decline in interest.