Elon Musk

<ul class="news-points"> 
 <li><strong>Twitter owner Elon Musk announced the rebranding of Twitter to X.</strong></li> 
 <li><strong>Since the announcement, coins such as the X token, have seen surprising climbs.</strong></li> 
 <li><strong>Musk’s favorite crypto DOGE is currently trading at $0.07141.</strong></li> 
</ul> 
<p>Since <a href="https://coinedition.com/tag/elon-Musk/" rel="noopener noreferrer nofollow">Elon Musk</a> announced the rebranding of Twitter to X, the crypto sphere has witnessed tokens with similar names surging in value. One such token to take the spotlight these past few hours is the X token.</p> 
<p>Though this coin has no relation to Twitter or its rebranding efforts, the X token skyrocketed in price, registering an increase of 1800%. Interestingly, several other tokens with similar <a href="https://coinmarketcap.com/currencies/x-coin-network/" target="_blank" rel="noopener noreferrer nofollow">“X”</a> in their names have seen a rapid climb in value as well.</p> 
<p>It was yesterday that Musk announced the rebranding strategies of Twitter with a Tweet stating, “And soon we shall bid adieu to the twitter brand and, gradually, all the birds.” The news, however, was not well received with several users arguing that the overhaul of a well-known and well-loved brand was a bad idea.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">Our headquarters tonight <a href="https://t.co/GO6yY8R7fO" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/GO6yY8R7fO</a></p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1683378289031761920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Among the prominent names that opposed Musk’s new idea was American actor Mark Hami…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/is-x-token-related-to-the-new-twitter-asks-crypto-community/">‘Is X Token Related to the New Twitter?’ Asks Crypto Community</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

‘Is X Token Related to the New Twitter?’ Asks Crypto Community

Coin Edition

Other articles published on Jul 24, 2023

Top 5 Holdings of GBTC That Investors Should Look Out For

SEC Contemplates Appeal Over XRP’s Non-Security Status for Retail Investors

Bullish Chart Pattern Suggests ETH’s Price Could Reach $2,372

Centroid Solutions wins the coveted ‘Outstanding Connectivity Provider’ award

Vitalik Buterin reflects on Worldcoin’s proof-of-humanity

What Is X And What It Means for Twitter ?

Join our free newsletter for daily crypto updates!