Twitter Partner eToro Openly Bullish On XRP; But Here’s The Catch

Crypto Market News: Twitter’s new partner eToro will enable Twitter users to see real-time prices for a much wider range of stocks, crypto and other assets. The crypto community welcomed the news as it would make it easier to invest in these assets. Although Twitter has been displaying Bitcoin price in the search filter, this partnership will allow crypto investors to access these assets directly on Twitter through eToro platform. Meanwhile, the crypto market is speculating whether Elon Musk’s close affinity with Dogecoin ($DOGE) will explode further with its implementation.

Also Read: Binance’s Bitcoin Trading Volume Drop Weakens BTC Price Rally

The Dogecoin price took a 6% jump on Thursday following the announcement about the partnership. The rise Dogecoin price is even more than Ethereum (ETH) after the Ethereum Shapella upgrade successfully went live.

eToro Was Once Bullish On XRP

In the wake of the Twitter eToro partnership, the crypto community is pondering about an interesting tweet that dates back to 2019. In the tweet, it was said that XRP might be the crypto token that is capable of surpassing Bitcoin. However, it is highly possible that the tweet was just a way of promoting the cryptocurrency market in general and not XRP in specific.

DARK HORSE: We still don’t know if Bitcoin can ever be surpassed, but XRP by Ripple Labs just might have a chance if so.

Tell us: who is your dark horse candidate for football’s MVP this year?#XRP #SuperBowl pic.twitter.com/mpl3qx6G9v

— eToro US (@eToroUS) February 1, 2019

The partnership gels well within Elon Musk’s plans to do an overhaul of Twitter platform. The billionaire wants to turn the social media platform into a super app that also assists users with stock market information.

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Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Reach out to him at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.