Elon Musk’s social media platform X is developing Smart Cashtags, a feature designed to make financial and crypto-related discussions more precise on the platform. Head of product Nikita Bier announced the development Sunday, one day after backlash from parts of the crypto community.
The product chief described X as the best source for financial news, noting that hundreds of billions of dollars are deployed based on information people read on the platform. He added that the company is collecting feedback as it iterates toward a potential public release next month.
The asset selection list included cryptocurrencies such as Bitcoin, BONK, and Base, suggesting posts could be linked to asset-specific pages showing prices and related discussion. This functionality could streamline how traders and investors share market information on the platform.
The announcement followed criticism on Crypto Twitter the previous day after a post by Bier, later deleted, was interpreted by some users as signaling limits on reply frequency for highly active users. This interpretation raised concerns about reduced visibility for community-driven discussion among crypto participants.
Bier did not reference the criticism in his Smart Cashtags announcement. X has not stated whether the feature is connected to the earlier backlash, though the timing drew attention within crypto circles.
The platform has not provided additional details on the rollout timeline or specific functionality beyond the initial announcement. Market observers are watching to see how the feature might affect crypto discourse on what has become a primary hub for digital asset discussion and trading activity.