Crypto news: Amid the flurry of activity that was Twitter’s rebrand to X, it was inevitable rumors of an X token would surface. Alas, Elon Musk was quick to shut down the chatter.
The entrepreneur, formerly known as Chief Twit, said asserted that neither he nor the platform he owns have launched a token and that they “never will.”
TwitterDAO Crashes and Burns
He was drawn into making the comment after the TwitterDAO token pumped and dumped last Saturday. The BEP-20 token arrived from nowhere on Aug. 3. It was only available to swap for WETH on decentralized exchanges, lacked any social media presence and should have yelled “scam” to anyone listening.
So with tediously predictability, soon after surging nearly 12,000% in 10 hours, like Musk’s Starship, the price came back to Earth with a dull thud and not even a whiff of dead cat bounce.
Base Jump
There was much…
