X, formerly known as Twitter, will introduce a new feature called Smart Cashtags next month, enabling users to trade cryptocurrencies directly on the platform. Announced by product lead Nikita Bier, this feature will allow asset tickers in tweets to link directly to specific cryptocurrencies using their contract addresses. Users can click on these tickers to view real-time price charts and related discussions on X.
The announcement comes amid a heated debate within the crypto community on X, sparked by Bier's comments on content visibility and algorithmic biases. In response to community backlash, X plans to open-source its content recommendation algorithm, marking a significant shift in transparency for the platform. This move aligns with X's broader ambition to evolve into an "Everything App," integrating financial services and social media.
X to Launch Smart Cashtags for Crypto Trading Next Month
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