Twitter has recently added support for XRP to its “Cashtag” feature, which allows users to keep track of the prices of individual cryptocurrencies and major stocks. This means that XRP enthusiasts can now easily keep track of the token’s price directly on the social media platform by tweeting or searching the XRP ticker symbol with a dollar sign in front.
The Cashtag feature was introduced on December 21st by the Twitter Business unit and initially only supported the two largest cryptocurrencies by market cap, Bitcoin and Ethereum. However, since then, Twitter has continued to add support for more cryptocurrencies daily. In addition to XRP, other supported crypto assets include Dogecoin, Litecoin, Cardano, Binance USD, Solana, and Shiba Inu.
When searching for the XRP ticker symbol with a dollar sign in front, Twitter will take the user to a new page showing the pricing graph of the cryptocurrency. Users can click the “View on Robinhood” button for more details about XRP price movement or click the pricing graph to be redirected to a more interactive graph powered by Trading View.
The ability to track XRP price movement on Twitter has made it easier and better for XRP enthusiasts to stay informed about the token’s value. The addition of more cryptocurrencies to the Cashtag feature is also a positive development for the crypto community.
Further, it is notable that the feature has also attracted some criticism from the crypto community members because of its accuracy. Actually it has been observed that the price of a token on twitter does not sometimes align with its price on mainstream exchanges.
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