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Elon Musk Shoots Down Rumors of ‘X Coin’ To Reward Creators on His Social Media Platform

by SB Crypto Guru News
September 1, 2023
in Altcoin
Reading Time: 2 mins read
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Elon Musk has shot down rumors that his social media platform X (previously referred to as Twitter) will implement an “X coin” to reward creators.

An X account with the deal with “X Information Day by day” stated in a brand new put up that the social media platform “could be launching [a] coin for creators!”

Musk, nevertheless, replied to the put up with a easy “no.” The superstar billionaire bought X/Twitter in October 2022 after a drawn-out interval of negotiations that started that April.

Musk is thought for his affinity for the favored memecoin Dogecoin (DOGE). He’s made sporadic feedback about DOGE for years, together with discussing the asset in an interview with the Wall Road Journal in Could.

Says the billionaire,

“Dogecoin is my form of favourite cryptocurrency as a result of it has the perfect humor and has canines… 

A buddy of mine has a saying that essentially the most ironic rationalization is the probably and essentially the most ironic end result for foreign money could be that the factor that was made as a joke to make enjoyable of cryptocurrencies. Essentially the most ironic end result could be that it turns into the worldwide foreign money.”

Studies have circulated all year long that Musk intends to introduce crypto funds on X.

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