Crypto Twitter This Week: Twitter Payments Rumors, Donald Trump Boost Meme Coin Rise

The Bitcoin Spot ETF hangover may be gone, and the tall, bubbly mugs of Ethereum Spot ETF buzz are still pouring in, leaving plenty of room for conversation, debate, and the occasional scuffle in cryptocurrency bars.

We’re probably overdue for an Elon Musk-related pump, and the eccentric tech mogul indirectly delivered on Monday when a Twitter account with a new gold checkmark popped up with its username. @XPayments. This was discovered shortly after Musk again teased that he was making “every app.”

Crypto Twitter is excited about the possibility of the X app supporting trading of Dogecoin (DOGE) and Shiba Inu (SHIB). This means two meme tokens will skyrocket. Dogecoin’s surge is its highest daily price since April 3, 2023, but still falls short of the $0.1 it achieved last year on its 10th anniversary.

Meanwhile, there have been plenty of airdrops as projects have jumped on the “free money” bandwagon, most of them offering incentives to both long-term true believers and beginners interested in cryptocurrency. But the prevalence of such token giveaways has almost set off alarm bells about potential scams.

The nature of blockchain allows anyone to send tokens directly to their wallet, legally or not. At best, this means a bit of confusion for digital neat freaks. In the worst case scenario, a scam can easily be added to a collection and contain a variety of tricks and hacks to entice users into interacting with it.

The irresistible claim of Palworld, better known as “Pokémon with a Gun,” has also sparked a flurry of tweets this week, with even Pokémon faithful drawing attention to its wacky cryptocurrency knockoffs.

But the more general conclusion was that legal action against obvious derivative works was inevitable.

But if imitation is the sincerest compliment, the 1990s game Dragon Warrior (now Dragon Quest) will be very flattering.

Meanwhile, the revival of existing NFTs and Bitcoin ordinal NFTs is not an easy task. A new project has been drawn a wealthy benefactorWe’re getting more advanced partners and exploring more of our five senses.

Lastly, despite the legal troubles, Donald Trump continues to follow Donald Trump and has recently sparked controversy in the cryptocurrency industry with his renewed disdain for central bank digital currencies (CBDCs).

And despite the former president not being able to maintain an NFT collection, Trump-inspired meme tokens $DONALD, $TRUMP, $MAGA… are full of degens. And many of them are at war with each other.