Accounts that are programmed to perform actions such as tweeting or following accounts at a scheduled time are called “Twitter bots”. These bots are created and managed via the Twitter API. Elon Musk, the new owner of the company, is about to get his hands on these bots, which are one of the biggest troubles of Twitter. Predictably, it integrates an altcoin project that is associated with it…
Elon Musk can use this altcoin project to solve Twitter’s spam problem
According to a recent tweet from Tesla CEO Elon Musk Solving Twitter’s spam problem can be accomplished with the help of the biggest meme coin, Dogecoin.
The concept that caught Musk’s attention was first introduced by fellow billionaire Mark Cuban suggested.
According to Cuban, Dogecoin can provide unlimited benefits with a rollup integration.
- Each Twitter user will pay $1 DOGE per tweet for an infinite number of posting options.
- Real users will be able to receive tokens from spam accounts after objecting.
- In contrast, if a user accidentally tags certain tweets as spam, they will be penalized with the loss of Dogecoin.
On this issue, Dogecoin co-founder Billy Markus said in his reaction to Cuban that he “loves” the idea of such a system.
Mark Cuban, who used to be against cryptocurrencies, is now a meme coin biggest supporter of projects. The owner of the Dallas Mavericks believes that Dogecoin is the public’s currency as well as he thinks it is a legal currency.
Twitter news triggered another Dogecoin rally
As we mentioned in the news of Kriptokoin.com, the Dogecoin price rallied over 15% when Twitter decided to make a purchase agreement with Musk.
Elon Musk will be paid an estimated $44 billion to acquire social media giant Twitter. But others still think the sale won’t be complete, suggesting that it’s just a PR gimmick to get attention.
Many assume that if Elon Musk takes control of Twitter, the cryptocurrency will be integrated into the social media network. Already the multimillionaire has said that he plans to get people to pay for their Twitter Blue memberships using Dogecoin. Musk also supported the concept of allowing people to tip using Dogecoin.