Dogecoin Founder Ponders Shrunken X Paycheck, Musk Chimes In

Shibetoshi Nakamoto’s X paycheck has severely shrunk, and Elon Musk explains why.

Man seeing some papers in shock, in the headquarters of X. DOGE is concerned.
Created by Kornelija Poderskytė from DailyCoin
  • Shibetoshi Nakamoto took to X to discuss his X ad revenue paycheck.
  • Dogecoin continues to trade in tight ranges between $0.062 & $0.067.
  • Twitter introduced new features, but Dogecoin’s role in the app is still vague.

Dogecoin founder Billy Markus is wondering why his X revenue payments are dwindling. In a recent tweet, Markus described his X paycheck as “about 1/3rd of what it was compared to the previous two weeks.” The tweet was met with other crypto fans questioning the reasons.

Crypto enthusiast Prestige uttered, “I am offended by your healthy perspective on payouts,” when Markus added that Twitter’s shared revenue payments are just “magic bonus money” to him.

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Elon Musk stepped in to give his take on the situation. “Sorry, this should be more stable over time. Revenue share is still very much beta code,” replied the CEO. Billy Markus, a.k.a Shibetoshi Nakamoto, responded: “No worries at all. It’s a huge gift & a blessing.”

Elon Musk Expands Twitter to New Horizons

The shared ad revenue for Twitter Premium users has been made possible due to Twitter’s switch to X. Recently, tech mogul Musk introduced long videos, live videos, and long reads, and he is currently working on audio and video calls.

Despite Musk’s support for the canine crypto, Dogecoin’s role in this new digital ecosystem is yet to be revealed. Meanwhile, DOGE’s price has been immune to the bearish market conditions surrounding the whole crypto market since retracing the Grayscale-ignited Bitcoin bull run to nearly $28,000. Moving up by 0.8% in the last seven days, DOGE has traded at $0.0633 in a linear consolidation phase for the past 24 hours.

On the Flipside

  • According to X rules, only verified Twitter users’ impressions count towards the shared revenue program dividends.

Why This Matters

Twitter is a pro-crypto platform that often is the epicenter of the action in the cryptosphere.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.