- Shibetoshi Nakamoto, the creator of DOGE, expresses enthusiasm for the subscriber feature on the X app and announces plans for exclusive content.
- Elon Musk shows support for Nakamoto’s intentions, further solidifying their friendship.
- A long-dormant DOGE wallet resurfaces with a substantial transaction, adding excitement to the crypto community.
Shibetoshi Nakamoto, also known as Billy Markus, made waves in 2013 when he co-created and launched the meme-inspired cryptocurrency, DOGE, alongside Jackson Palmer. As an active user of the X social media app, Shibetoshi Nakamoto recently shared his appreciation for the subscriber feature, which has quickly become his favorite aspect of the platform.
A Promise of Exclusive Content
In a tweet, Shibetoshi Nakamoto expressed his plans to provide special content exclusively to his subscribers during his weekend walks. This announcement caught the attention of tech tycoon Elon Musk, the new boss of the X app, who considers himself a friend of Nakamoto’s despite never having met in person. Musk responded to the tweet, showing his support and effectively giving Nakamoto the green light to proceed with his intentions.
Nuances of the Subscription Fee
During the interaction on X, a user named @JoeAlderman11 suggested that Nakamoto should consider reducing his subscription fee to $1 to attract a larger number of subscribers. @JoeAlderman11 mentioned that he had subscribed to two individuals for $1 each, as well as one person who charged $5. However, the user ultimately dropped the $5 subscription to subscribe to more creators charging $1. In response, Nakamoto explained that he was unable to change the subscription fee due to limitations within the app’s settings.
Unleashing the Power of Subscriptions
Introduced earlier this year, the subscriber feature on X allows users to charge a small monthly fee to their subscribers, enabling them to earn income based on the number of paying subscribers. The exact earnings depend on the subscription provider, with only the provider having visibility into the number of subscribers. With a substantial following of 2.1 million users, Nakamoto has the potential to attract a significant number of subscribers.
In addition to the subscriber feature, Nakamoto, like other popular X users, also benefits from a share of the advertisement revenues generated by the app.
The Awakening of a Dormant DOGE Whale
Over the weekend, crypto tracker Whale Alert shared details of a significant Dogecoin transaction involving a previously dormant wallet that had remained inactive for 9.8 years. This wallet, which dates back to 2013 when DOGE was introduced as a playful parody of Bitcoin, held 5,392,984 DOGE, equivalent to $372,461 at the time of the transfer. A portion of the funds, 392,000 DOGE, was moved to another wallet, possibly indicating a reshuffling of crypto assets.
At the time of writing, the popular meme coin DOGE is trading at $0.06906, reflecting an 8.42% weekly growth.
Embracing the Future of DOGE and Beyond
Shibetoshi Nakamoto’s contributions to the crypto space, particularly with the creation of DOGE, have left a lasting impact. His engagement on the X app, enthusiastic support from Elon Musk, and exploration of the subscriber feature highlight Nakamoto’s dedication to connecting with his audience and delivering engaging content.
As DOGE continues to capture the attention of the crypto community, Nakamoto’s involvement and insights into the industry are eagerly anticipated. With his unique perspective and commitment to innovation, Shibetoshi Nakamoto remains an influential figure in the world of cryptocurrencies.
Conclusion
In conclusion, Shibetoshi Nakamoto, the visionary behind DOGE cryptocurrency, continues to make waves in the crypto world. His embrace of the subscriber feature on the X app, coupled with Elon Musk’s support, showcases the power of innovative platforms and the potential for engaging content creation. With a dormant DOGE wallet reawakening, the ever-evolving landscape of cryptocurrencies remains captivating. As Nakamoto’s journey unfolds, his contributions and influence are set to shape the future of digital currencies and online communities.
Disclaimer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from CryptoNewsBytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from any company.
