X Smart Cashtags Could Turn Social Media Into A Real-Time Investor Dashboard
X is preparing to roll out a feature that could reshape how investors track assets on social media. Nikita Bier, Head of Product at X, announced the development of Smart Cashtags, a new system that allows users to tag specific assets or smart contracts when posting a ticker. Unlike traditional tickers, which can be ambiguous, these tags will link directly to the exact asset, providing users with real-time price updates and a consolidated view of all mentions on the platform. The feature is currently in a feedback and testing phase, with a public release expected next month.
What Smart Cashtags Are
Smart Cashtags aim to eliminate 1 of the biggest challenges in social investing: ticker ambiguity. On many social platforms, the same ticker symbol can represent multiple assets. For example, a single symbol might refer to a stock, a cryptocurrency, or even a token on a different blockchain. Smart Cashtags tie each tag to a unique asset or smart contract, ensuring that users are seeing accurate information.
Once live, users will be able to tap a Smart Cashtag from their Timeline to view the asset’s real-time price and track all related mentions across the platform. This integration effectively turns X into a live dashboard where investors can follow price trends, monitor market sentiment, and observe engagement levels without leaving the platform.
Why Investors Should Pay Attention
The potential value of Smart Cashtags lies in their combination of price data and social sentiment. Retail and institutional investors alike have increasingly looked to social …
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