The founder of Tesla, Elon Musk, has made a noteworthy statement regarding the cryptocurrency domain. He firmly opposes the idea of introducing a token for X, widely recognized as Twitter.
In response to a post by DogeDesigner, a graphic designer associated with Dogecoin and MyDoge Inc., Elon Musk emphatically declared that X, synonymous with Twitter, will “never” embark on the journey of launching its own cryptocurrency token.
DogeDesigner took to Twitter with the clear intention of educating the public about the reality that neither Elon Musk nor X has ever taken the initiative to launch a cryptocurrency token.
Moreover, he warned users to be cautious and avoid falling for counterfeit tokens or memecoins that pretend to be official X-sanctioned crypto projects, including any related news articles.
It might not come as a shock to many that a variety of low-cap tokens are existing in the market, all bearing names closely tied to X, Twitter, or Musk. Examples include tokens like X/TWITTER, ELON BUYS TWITTER (EBT), CryptoTwitter (CT), TwitterDoge (TDOGE), and numerous others.
Also read: Elon Musk & Tesla Respond To Dogecoin Plaintiffs Lawyer
