Elon Musk's X Scores Crypto Wallet Licenses Across US — What It Means For Dogecoin, Shiba Inu
Portfolio Pulse from Murtuza Merchant
Elon Musk's social media platform X, formerly known as Twitter, has been granted a license to provide cryptocurrency wallet services within Rhode Island. The firm plans to offer transfer services across all 50 U.S. states and is awaiting additional approvals. This move is expected to introduce cryptocurrencies to a broader user base. Dogecoin (CRYPTO: DOGE) or Shiba Inu (CRYPTO: SHIB) will likely be integrated into X's cryptocurrency wallet strategy.
August 29, 2023 | 4:49 pm
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POSITIVE IMPACT
Dogecoin may be integrated into X's cryptocurrency wallet strategy, potentially increasing its exposure and value.
The integration of Dogecoin into X's crypto wallet could increase its exposure and usage, potentially leading to an increase in its value.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Shiba Inu may be integrated into X's cryptocurrency wallet strategy, potentially increasing its exposure and value.
The integration of Shiba Inu into X's crypto wallet could increase its exposure and usage, potentially leading to an increase in its value.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80