Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant.
No X Token Now Or Ever
On August 4, an X user who goes by DogeDesigner (a prominent member of the Dogecoin community), tweeted that Elon Musk and X had not launched an X token and warned the crypto community of falling for the articles on the scam tokens.
He said: “Elon Musk and 𝕏 never launched a crypto token. Be careful of such articles. ” In reply to this tweet, Musk tweeted: “And we never will.”
Musk’s comments also follow dashed hopes that the social media platform would be launching a ‘Twitter Coin’ that spread like wildfire across the crypto community last year. However, with the platform’s rebrand to X, all expectations of a ‘Twitter Coin’ have since been laid to…