Elon Musk's X Users Upset Over Revenue Drop — Dogecoin Co-Creator Calls Out 'Entitled' Mindset
Portfolio Pulse from Ananya Gairola
Users of Elon Musk's social media platform, X, are expressing concern over a decline in engagement and ad revenue payout. Dogecoin co-creator Billy Markus acknowledged a decrease in his own ad revenue payout but maintained a positive outlook. He suggested that a larger pool of users sharing in ad revenue or changes to the algorithm could be contributing factors to the dip in revenue and engagement.
September 02, 2023 | 7:39 am
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NEUTRAL IMPACT
Dogecoin co-creator Billy Markus's comments on the revenue drop on Elon Musk's X platform could potentially influence the perception of Dogecoin in the market.
Billy Markus, as a co-creator of Dogecoin, has a significant influence on the perception of the cryptocurrency. His comments on the revenue drop on Elon Musk's X platform, and his positive outlook despite the decrease in his own ad revenue, could potentially influence how Dogecoin is perceived in the market. However, as the news does not directly relate to Dogecoin's operations or performance, the impact is likely to be neutral in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50