BREAKING: X Product Head Nikita Bier Teases Launch to Fix Crypto Market “Rough Year”

Nikita Bier, head of product at X and Solana advisor, teases launching a product or service to address the ongoing challenges the crypto market is facing this year. It sparked speculation in the crypto community about potential crypto integrations on X Money, Smart Cashtags, and Solana-based features.

X May Launch a Product for the Crypto Market: Head Nikita Bier

In an X post on April 14, Nikita Bier sparked massive speculation about new X features aimed at reviving the crypto market from the ongoing difficult year. “Crypto has had a rough year. Maybe we should launch something to fix it,” he said.

The comment comes amid ongoing crypto market volatility, with Nikita Bier’s recent observations about bot activity dominating crypto discussions on the platform.

“I think when we removed the crypto bots, there were only 2000 people rugging each other back and forth, forever,” he added.

Crypto Community Speculates X Money Integrations

The post didn’t disclose or hint at a particular product, but the crypto community speculated about Dogecoin and Bitcoin integration on X Money for payments, a feature pending on Elon Musk’s X.

Users are also speculating about the potential launch of Smart Cashtags. It allows users to track real-time stock and crypto charts and enables in-app trading on X. This is in line with Elon Musk’s vision to make X an “everything app.”

As CoinGape reported earlier, Elon Musk announced early public access to X Money payments service in April. X platform launched X Money beta access through Star Trek actor William Shatner. Instant P2P money transfers, cashback on debit card purchases, and yield savings on cash balances, among others, are some features of X Money.

Some even pointed to Solana-related features. Solana Foundation’s chief product officer Vibhu Norby and Solana Mobile also reacted to Nikita Bier’s plan to address the crypto market’s tough year.

Dogecoin and Bitcoin Price Action as Nikita Bier Plans Fixing Crypto Market’s “Rough Year”

Dogecoin price has jumped nearly 2% in the past 24 hours, currently trading at $0.093. The 24-hour low and high are $0.090 and $0.094, respectively. Furthermore, trading volume has increased by 97% over the last 24 hours, indicating massive interest among traders.

Meanwhile, Bitcoin saw further upside momentum as X head Nikita Bier hinted at a crypto market fix. BTC is trading 5% higher at $74,603, as JPMorgan and Morgan Stanley predicted market rebound. The intraday low and high are $70,588 and $74,896, respectively.

Source: https://coingape.com/x-product-head-nikita-bier-teases-launch-to-fix-crypto-market-rough-year/