The world’s largest cryptocurrency exchange CZ, CEO of Binance He answered the questions asked to him at the AMA session he held yesterday.
Binance’s twitterTwitter’s investment in cryptocurrencies Many questions were asked to support it.
Asked about Binance’s $500 million investment in Twitter, CZ said they were not deeply involved in Twitter operations, they were just an investor in the deal.
One of the most frequently asked questions to CZ is whether or not Twitter will support cryptocurrencies. Binance Coin (BNB) and Dogecoin (DOGE) whether he would be among them.
“Binance can help Twitter new owner Elon Musk on web3.
It can accept payments in cryptocurrencies and reduce spam bots.
I believe Twitter should support crypto but I think Twitter should support multiple cryptocurrencies not just DOGE or BNB.
Supporting just one or a few cryptocurrencies is not the best choice for Twitter.”
Claiming that Elon Musk is currently busy managing Twitter and firing employees, CZ stated that now is not a good time to support cryptocurrencies on Twitter.
Bracketing on Twitter’s support for crypto, CZ is a huge Dogecoin fan of Musk and Bitcoin (BTC) He said that there may be some crypto-related applications on Twitter.
Ever since DOGE’s staunch supporter Elon Musk officially bought Twitter dogecoin The price has increased significantly.
Although the DOGE price has dropped 13% in the last 24 hours, it has increased by 101% in the last week. DHEGE is trading at $0.1332 at the time of writing.
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