Odaily Planet Daily reports: Nikita Bier, Head of Product at X, posted on the X platform that, according to aggregated data from the trading pilot, since the launch of Cashtags Tuesday evening, the social platform X has facilitated approximately $1 billion in trading volume globally. This data, drawn from the initial pilot phase, demonstrates a significant boost in market liquidity and user engagement resulting from the integration of social features with trading functionality.
Cashtags enable users to view real-time data and price charts for corresponding stocks or crypto assets when searching for or posting content that includes a cashtag or contract address.