Everything App

Elon Musk

<ul> 
 <li>The crypto community speculates over Elon Musk rebranding strategy.</li> 
 <li>Some believe X is a tease of making XRP the main payment option on the platform.</li> 
 <li>Others believe it will likely be Dogecoin (DOGE).</li> 
</ul> 
<p>Elon Musk’s recent decision to rebrand Twitter has sparked speculation within the crypto community. In particular, a certain crypto strategist points out the eerie connection between XRP and Musk’s obsession with payment options on the platform.</p> 
<p>In detail, the strategist draws light regarding the potential involvement of XRP (<a href="https://ripple.com/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a>) in Musk’s plans. Above all, he states that his observation is purely speculative. He then goes on to state his belief about a possible connection between the recent legal clarity gained by XRP and Musk’s interest in Twitter’s rebranding.</p> 
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   <p lang="en" dir="ltr">This is obviously <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"> speculation so I will preface this tweet with that. With that being said…<br><br>It’s all too coincidental that ten days after <a href="https://twitter.com/hashtag/xrp?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#xrp</a> gets legal clarity and is relisted on most exchanges <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@elonmusk</a> now chooses to rebrand <a href="https://twitter.com/Twitter?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Twitter</a> . <br><br>My thesis has always been that…</p>— Bobby A (@Bobby_1111888) <a href="https://twitter.com/Bobby_1111888/status/1683666983001235456?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 25, 2023</a> 
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<p>Following the <a href="https://cryptonewsland.com/ripple-wins-lawsuit/" rel="noopener noreferrer nofollow">legal victory</a> in the SEC vs. Ripple case, <a href="https://cryptonewsland.com/coinbase-relists-xrp-after-judge-torres-rules-its-not-a-security/" target="_blank" rel="noopener noreferrer nofollow">XRP has been relisted</a> on most exchanges, providing a boost to its market presence. Shortly after this development, Elon Musk announces the rebranding of Twitter to X, which he finds coincidental.</p> 
<p>In response to this post, many speculate that Musk’s interest in Twitter’s rebranding might be part of his larger plan to turn the social media platform into a WeChat-like app. According to these speculations, Musk could be eyeing the payments platform of Twitter and exploring blockchain technology for efficient transactions.</p> 
<p>The theory suggests that Musk’s focus on speed and efficiency, evident in his ventures like SpaceX and Tesla, might lead him to consider XRP as the ideal crypto asset for Twitter’s payments platform. After all, XRP is known for its fast transaction speed and cost-effectiveness.</p> 
<p>One notable point of speculation is why Musk would choose XRP. This is clearly due to XRP’s recent legal clarity. Thus, making the asset stand out as a crypto with a more secure regulatory status.</p> 
<p>While these ideas remain thoughts and purely conjecture, some in the crypto community find the alignment of events intriguing. However, it is crucial to remember that such theories are purely speculative and should not be taken as confirmed plans.</p> 
<p>Meanwhile, other responses to the post agree to the theory of Musk aiming to indoctrinate cryptos. However, they disagree on the asset being XRP. These responses say it will most <a href="https://cryptonewsland.com/elon-musk-sparks-doge-frenzy-once-more-as-crypto-expert-foresees-dogecoins-spectacular-surge/" target="_blank" rel="noopener noreferrer nofollow">certainly be Dogecoin (DOGE)</a>. To highlight, one response even mentions how Musk is already running <a href="https://zycrypto.com/how-elon-musks-starlink-could-make-dogecoin-unstoppable/" target="_blank" rel="noopener noreferrer nofollow">DOGE nodes on Starlink</a>.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/dogecoin-makes-sudden-pump-with-x-app-integration-speculation/" rel="noopener noreferrer nofollow">Dogecoin Makes Sudden Pump With X App Integration Speculation</a></li> 
 <li><a href="https://cryptonewsland.com/will-doge-dominate-elon-musks-everything-app-x/" rel="noopener noreferrer nofollow">Will DOGE Dominate Elon Musk’s Everything App ‘X’?</a></li> 
 <li><a href="https://cryptonewsland.com/mangata-x-wins-parachain-slot-will-board-kusama-soon/" rel="noopener noreferrer nofollow">Mangata X Wins Parachain Slot, Will Board Kusama Soon</a></li> 
 <li><a href="https://cryptonewsland.com/cosmos-rebrands-to-ignite-amid-massive-web3-boom/" rel="noopener noreferrer nofollow">Cosmos Rebrands To Ignite Amid Massive Web3 Boom</a></li> 
 <li><a href="https://cryptonewsland.com/okex-rebrands-to-okx-teases-new-wallet-nft-marketplace/" rel="noopener noreferrer nofollow">OKEx Rebrands to OKX; Teases New Wallet, NFT Marketplace</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/xrp-vs-doge-which-crypto-will-elon-musk-choose-for-x/">XRP vs DOGE: Which Crypto Will Elon Musk Choose for X?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

XRP vs DOGE: Which Crypto Will Elon Musk Choose for X?

Crypto News Land

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