The application has zoomed to becoming the second-largest revenue maker among crypto protocols in just over two weeks.
, which lets X, formerly Twitter, personalities issue shares on its app for access to a closed group chat, has made over $1.04 million in fees, set at 5% of the value of each transaction. over the past 24 hours. That’s banked the platform some $709,000 worth of ether in revenue ,This is right behind the Ethereum blockchain, which made $3.33 million in fees, and staking service Lido – with $1.54 million in fees.
Shares of some crypto X personalities, such as Cobie and Hsaka, jumped to as much as three ether, or nearly $5,000 at current prices, in a few days.
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