[ad_1]
After years of rampant hypothesis and frantic tea-leaf studying by cryptocurrency followers—and Dogecoin followers particularly—tech billionaire Elon Musk coldly put to relaxation any prospects of Twitter (or X) launching its personal crypto token.
The information got here not in a proper announcement, or perhaps a Twitter submit, however in a reply to a different consumer.
“Elon Musk and 𝕏 by no means launched a crypto token,” warned consumer @DogeDesigner—who has 240,000 followers and a number of previous interactions with each Musk and now-CEO of X Linda Yaccarino. The tweet included a picture of stories article headlines falsely claiming that it had.
Musk replied with a stern one-liner: “And we by no means will.”
Regardless of this clear-cut rejection of a Twitter-led cryptocurrency—coming in the course of a main rebranding effort—it’s not an outright denouncement of cryptocurrency assist or associated options in a future X “all the pieces app.” And Musk’s earlier historical past with digital belongings may also depart room for doubt.
Elon is well-known for his fanaticism for Dogecoin (DOGE), a memecoin that was spawned as a joke for the crypto group to cease taking itself so critically.
The self-proclaimed “Dogefather” drew widespread consideration final 12 months when he purchased Twitter for $44 billion, and never lengthy after, swapped the enduring blue-bird emblem for a picture of the Shiba Inu canine that characterizes Dogecoin–inflicting the token to soar by 20% and the billionaire to earn himself a $258 billion lawsuit for alleged insider buying and selling and racketeering.
Certainly, he has despatched the crypto group loads of combined indicators over time.
In 2021, Doge builders solely informed Decrypt they had been working with Musk for years to make a less expensive, greener different to Bitcoin. And earlier this 12 months, information surfaced that the corporate was engaged on a product that will supportive of crypto funds—though there wasn’t a lot data on which token can be used.
Whereas crypto fanatics can in all probability rule out a TwitterCoin or XCoin for now, the door remains to be not absolutely closed to cryptocurrency in Musk’s subsequent act.
Keep on prime of crypto information, get day by day updates in your inbox.
[ad_2]
Source link
