The billionaire tycoon behind X (formerly Twitter), Elon Musk, has dispelled persistent rumours of a platform-internal coin. Musk’s succinct “no” response to questions about the rumoured “X coin” intended to reward inventors has clarified the situation.
These fanciful rumours have existed from the early days of Twitter, before it changed to X. During that time, keen-eyed fans had found coding hints that seemed to indicate the platform intended to add a proprietary digital currency. However, these plans were shelved as a result of the platform’s rebranding and ownership transition.
Attention has been drawn to Musk’s answer, notably from the cryptocurrency community and fervent Dogecoin (DOGE) enthusiasts. The integration of DOGE as a native currency has been a subject of ongoing discussion ever since Musk took over X. These conversations have been resurrected by this latest contact, opening the door to more conjecture.
What happens next?
It’s noteworthy that Musk’s response was limited to questions concerning the “X coin” and did not cover other relevant subjects. This has left a lingering query: might DOGE still be taken into consideration for this function, or does this refusal imply a wider rejection of token-based transactions for X?
Crypto aficionados are eager for additional information on the financial trajectory of X as the consequences of Musk’s comments continue to be revealed. Discussions and considerations have centred on the uncertainty surrounding DOGE’s future and possible integration with the platform.
