After years of speculation and frenetic tea reading by cryptocurrency fans, especially Dogecoin fans, a tech billionaire is born Elon Musk The possibility of Twitter (or X) issuing its own crypto token was ruthlessly dashed.
The news was announced as a reply to another user rather than an official announcement or Twitter post.
‘Elon Musk and 𝕏 never launched crypto tokens,’ user warns @DogeDesigner— who has 240,000 followers and some past exchanges with musk Current CEO Of X Linda Yaccarino. Tweet included image The number of news article headlines that falsely claim to have been.
Mr. Musk replied: strict one-liner: “And we never will.”
Despite this clear rejection of Twitter-led cryptocurrencies, Selection subject Rebranding Effort – This is not an outright denunciation of cryptocurrency support or related features in future X “all apps”. Musk’s background with digital assets may also be questionable.
Elon is well known for his fanatical enthusiasm for Dogecoin (Doge), a meme coin coined as a joke to keep the cryptocurrency community from taking itself too seriously.
The self-proclaimed “Dogefather” gained widespread attention last year when he said: bought a twitter It won $44 billion in tokens and soon after replaced the iconic blue bird logo with Dogecoin’s signature Shiba Inu image. This sent the token up 20% and the billionaire won $100 million. $258 billion litigation for alleged insider trading and extortion.
In fact, he has sent a lot of information to the cryptocurrency community. mixed signals over the years.
For 2021, the Doge developer says EXCLUSIVELY: Decryption They have worked with Musk for years to create a cheaper and greener alternative to Bitcoin. And earlier this year, news surfaced that the company was working on a product to support cryptocurrency payments, but there wasn’t much information about which tokens would be used.
Crypto enthusiasts can probably rule out the possibility of TwitterCoin or XCoin for now, but Musk’s next move hasn’t completely closed the door to crypto yet.