Shiba Inu, the popular cryptocurrency token named after the dog breed of the same name, recently displayed a brand-new gold tick mark on its X account, which has 3.4 million followers. This confirmed the account’s status as an official business account through Twitter’s Verified Organisations programme.
The change is the latest in a string of modifications and updates the social media platform has made since Elon Musk, its owner, rebranded it as “X.”
In order to distinguish between different sorts of verified accounts, Twitter has introduced gold, grey, and blue verify marks. Shiba Inu now sports the gold tick mark, which denotes a legitimate business account.
Companies must sign up for the Twitter Verified Organizations programmed and pay a $1,000 subscription fee each thirty days in order to enjoy this benefit.
The benefits include, among other things, a verification mark, a square avatar, Twitter Blue features, and the ability to add affiliate accounts.
Shiba Inu’s achievement of the gold verify mark caused great joy among its supporters, and many of them speculated about the possible ramifications this would have for the cryptocurrency.
Despite Twitter’s recent contentious rebranding and changes, Shiba Inu’s new verified status acts as a positive indication of acknowledgement for the cryptocurrency’s expanding influence.
However, it’s important to remember that despite the modifications and improvements, the switch from Twitter to X has not been seamless. According to reports, Elon Musk’s extreme decision to change Twitter’s product name to “X,” removing the crow logo and related terms like “tweet,” cost him between $4 billion and $20 billion.
The newly rebranded platform now has the difficult task of having to completely recreate its cultural impact and linguistic consensus.