- Elon Musk’s Twitter (X) Shuts Down Native Token Rumors
Elon Musk’s acquisition of Twitter (now being rebranded as X) in October 2022 stirred speculation about crypto payments on the social media platform. Recently, rumors emerged about X creating its native token, catching Musk’s attention. On August 6, Musk took to the internet to quash these rumors, stating definitively that there will be no development or launch of an “X coin.” Meanwhile, the Dogecoin community remains hopeful for DOGE payments on the platform, though Musk has not addressed this topic directly.
Also See: Study Reveals Elon Musk & Twitter Bots’ Influential Role in Altcoin Price Manipulation