Upon hearing crypto Twitter, one shall be overwhelmed by the traumatic images of the meme wars. A safe haven for those with bold predictions of both bullish and bearish nature, fortune tellers perhaps. It used to be glamorous, back in the bullish days of our past, it used to be busy. And you can’t deny, there was something special about crypto Twitter, a community of endless bots. Busy streets paved with statements, technical analysis, shilling attempts, NFT sellers, crypto beggars. For that, one may call it a slum, with a handful of slumlords like Elon and CZ running a show. Elon’s acquisition of Twitter is surely a breath of fresh air for the crypto Twitter community. A community of investors bashed by a long-term bear market. And in his reign, other slumlords are now joining to help.
Learn How to Exchange Cryptocurrency to PayPal
Numbers Go Up!
Binance, the world’s largest crypto exchange is rushing to chip in the crypto Twitter. Reportedly, Binance is making a team to help Elon incorporate blockchain technology into Twitter’s business model.
For the most part, integrating crypto into Twitter will take some work. With that, Binance’s team will be boots on the ground in Twitter HQ to help the free bird. This is according to a recent report by Reuters.
While Jack Dorsey, the previous owner of Twitter is planning to develop web5, CZ and Elon will rely on web3 to handle problems. Based on the report, the new Binance team will look toward crypto-based solutions to tackle Twitter issues. At this point, it would be safe to say that even the Binance team doesn’t know exactly what that means. However, one thing is for certain and that is the fact that crypto Twitter is here to pump the bejesus out of crypto.
All Aboard Crypto Twitter
Last week, Elon finally managed to make the deal and purchase Twitter for $44 billion. He let that sink in Twitter HQ and fired a whole bunch of top executives.
Previously, Binance had made a pledge to co-invest with Elon back in May. According to Binance, Musk’s leadership could help utilize the web potential and its integration with social media. Furthermore, they expressed their hopefulness for an accelerated adoption rate for crypto assets in such case.
Changpeng Zhao, the CEO of Binance told his followers on Twitter (probably mostly bots) that the money was wired a few days ago.
“Our intern says we wired the $500 million two days ago, probably just as I was being asked about Elon/Twitter.”
Binance was in fact quick to jump on the Crypto Twitter train with a considerable investment.
HiExchange
HiExchange is a decentralized online platform to exchange your cryptocurrencies and e-currencies. We utilize an automated system to determine the best exchange rates at any moment. Furthermore, HiExchange does not require KYC or a sign-up process. Also, the platform offers 24/7 customer support.
To learn how to exchange your cryptocurrencies to PayPal you can read our instructional article.
For more instructional content, you can always visit HiExchange Blog
