Elon Musk “By no means Will” Launch a Twitter or X Crypto Token, Placing Claims in Information Reviews To Relaxation

The rumors of Twitter or X growing its personal cryptocurrency coin have been put to mattress by Elon Musk.

The rumors of Twitter or X growing its personal cryptocurrency coin have been put to mattress by Elon Musk.

The announcement was made in response to a publish from person @DogeDesigner, who cautioned that regardless of claims in information stories on the contrary, Musk and X have by no means launched a cryptocurrency token.

“And we by no means will,” Musk replied in a handy guide a rough one-liner.

Even supposing this can be a blatant rejection of a crypto token launched by Musk, it doesn’t fully rule out cryptocurrency help or related performance in a future X “all the pieces app.”

With regards to digital belongings, Musk has a historical past of sending conflicting messages. Previously, he has declared his admiration for Dogecoin and made recommendations about integrating crypto funds into Twitter. In 2021, Doge builders revealed that they’d been working with Musk to create a cheaper, extra environmentally pleasant different to Bitcoin for years.

The corporate was reported to be growing a product that will allow cryptocurrency funds earlier this yr, nevertheless it wasn’t clear which token can be used. Whereas a Twitter or X native token doesn’t appear to be in Musk’s future plans, the door just isn’t fully closed to cryptocurrencies.

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