Home » Elon Musk Shoots Down Rumors of ‘X Coin’ To Reward Creators on His Social Media Platform

Elon Musk Shoots Down Rumors of ‘X Coin’ To Reward Creators on His Social Media Platform

by CoinVeem

Elon Musk has shot down rumors that his social media platform X (previously generally known as Twitter) will implement an “X coin” to reward creators.

An X account with the deal with “X Information Day by day” stated in a brand new submit that the social media platform “is likely to be taking a look at launching [a] coin for creators!”

Musk, nonetheless, replied to the submit with a easy “no.” The movie star billionaire bought X/Twitter in October 2022 after a drawn-out interval of negotiations that started that April.

Musk is thought for his affinity for the favored memecoin Dogecoin (DOGE). He’s made sporadic feedback about DOGE for years, together with discussing the asset in an interview with the Wall Road Journal in Could.

Says the billionaire,

“Dogecoin is my kind of favourite cryptocurrency as a result of it has the perfect humor and has canines… 

A pal of mine has a saying that essentially the most ironic rationalization is the more than likely and essentially the most ironic final result for forex can be that the factor that was made as a joke to make enjoyable of cryptocurrencies. Probably the most ironic final result can be that it turns into the worldwide forex.”

Studies have circulated all year long that Musk intends to introduce crypto payments on X.

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