Why X Is the Future of Crypto Growth

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When we think of social media, certain names immediately come to mind – Facebook, Instagram and TikTok, among others.

These platforms have been at the forefront of our digital lives for years, connecting people, allowing them to share stories and shaping our online experiences.

But in recent times, there’s one platform that has not only disrupted the social media space but has also become a driving force in the world of cryptocurrencies and Web 3.0. That platform is X (formerly known as Twitter).

In this op-ed, let’s dissect what exactly sets X apart in a class of its own as the indisputable key to the future of crypto growth.

We’ll explore how X has evolved in recent times, its ambitious plans for cryptocurrency integration and why it has become an invaluable tool for Web 3.0 brands.

From Twitter to X – beyond the name

To understand the significance of X in the crypto industry, we need to zoom in on its gradual transformation under the ownership of tech mogul, Elon Musk.

While it was once primarily known as a microblogging web application, X has evolved into a multifaceted slice of the internet frequented by 450 million monthly active users.

Elon Musk’s blueprint for X is nothing short of audacious – he envisions it as an ‘everything app’ that integrates social, financial and commercial functionalities seamlessly.

Of course, like every significant step forward in human history, this evolution didn’t happen overnight.

Since its acquisition in October 2022, the social media platform has undergone several strategic changes that have altered its impact on and position in contemporary digital culture.

These piecemeal modifications seemingly came to a head in July 2023 when Musk rebranded the name from ‘Twitter’ to the enigmatic – and quite controversial – moniker, ‘X.’

But the change of name merely scratches the surface.

The shift from Twitter to X represents a fundamental change in how we perceive and use social media – so it’s important for us to talk about what’s been changing beneath the hood.

Integration of cryptocurrency payments

One of the most exciting developments on X is its plans for cryptocurrency integration.

X has obtained a licence to integrate cryptocurrency payments, and this could prove to be game-changing for the entire Web 3.0 industry.

Reports have surfaced about X’s development of a crypto payments system, aptly named ‘Coins.’

This system is…