Elon Musk again denies X coin plans
The Tesla CEO once again confirmed that there are no token plans for the X (Twitter) platform.
Elon Musk is the richest centibillionaire. He owns the popular highly advanced electric vehicle manufacturing company Tesla, space rocket company SpaceX, Neuralink, and X (Twitter). In late 2022, Musk acquired Twitter for $44.4 billion and pledged to bring every possible online service under the X’s umbrella.
On 31 Aug 2023, Elon Musk responded to an “X coin” speculation X thread and said that X has no plans to launch X coin.
This was not the first time Musk responded to such claims. Earlier in late July, a similar kind of discussion was surging among the crypto X community but later in early of Aug Musk confirmed that X would never bring any new token for the X platform.
Earlier this week, Musk showed his support for the popular meme Cryptocurrency Dogecoin (Doge) and said that X is a better place for Dogs & Doge.
Just a couple of days ago, X successfully secured a Rhode Island Currency Transmission License to provide crypto services on behalf of the customers in the state.
JUST IN: Twitter (X) Obtains the License Required for Cryptocurrency Payments.
— Crypto Blinders
According to the latest information, Twitter has obtained the Rhode Island Currency Transmission License, which is also required for cryptocurrency payments.Bitcoin Dot Eth Doge Sora y2050 (@CriptoBlinders) August 29, 2023
So here we can say with 100% certainty that in the upcoming years, X will open its platform for crypto services. At present, only Bitcoin tipping is available in certain jurisdictions.
Dogecoin price action
The current trade price of Dogecoin is $0.063 & this trade price is 1.78% higher over the last 7 days of trade price.
Read also: Binance will completely shut down its BUSD stablecoin operations before Feb 2023
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