Elon Musk has restated any rumours that Twitter or “X” will launch a crypto token. In a stern reply to a fellow Twitter person Musk dispelled speak of a token by saying, “And we by no means will.”
Tesla CEO Elon Musk lately dispelled rumours that Twitter (or “X”) would launch a crypto token. One Twitter person posted to the social media platform warning fellow customers, saying:
Elon Musk and 𝕏 by no means launched a crypto token. Watch out of such articles. ⚠️ pic.twitter.com/tZqfwMMm2X
— DogeDesigner (@cb_doge) August 5, 2023
Musk merely replied: “And we by no means will.”
And we by no means will
— Elon Musk (@elonmusk) August 5, 2023
Hyperlinks to articles calling the so-called token “$X” and “Twitter token” have made rounds within the information cycle, claiming unbelievable positive factors in 24 hours.
The rumours come amid a major Twitter rebrand as Musk goals to make X the brand new “every part app.” Understandably, customers would counsel the probability of a Twitter or X-related cryptocurrency given the “chief Twit’s” affinity for widespread memecoin Dogecoin (DOGE).
Musk, or the “Dogefather”, acquired Twitter for a staggering $44 billion and briefly modified Twitter’s iconic blue-bird brand for Shiba Inu, Doge’s attribute brand.
Musk’s transfer earned himself a lawsuit for racketeering and insider buying and selling value $258 billion and allowed DOGE to soar by 20%.
X-Token Surges After Twitter Rebrand
Though no affiliation with Twitter, X, or Elon Musk, an altcoin referred to as the X token surged a whopping 1000% after Musk’s announcement that Twitter will rebrand itself to X.com.
The X token has no hyperlink to X.com and was a part of a mission began by X, a decentralised NFT market working throughout a number of chains.
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