- Twitter proprietor Elon Musk has introduced the rebranding of Twitter to X.
- Since its announcement, cash just like the X token have been surging upwards.
- Musk’s favourite cryptocurrency, DOGE, is presently buying and selling at $0.07141.
Ever since Elon Musk introduced the rebranding of Twitter to X, the cryptocurrency world has seen equally named tokens rise in worth. One such token that has been gaining consideration over the previous few hours is the X token.
Though the coin shouldn’t be related to Twitter or its rebranding efforts, the X token has seen a major enhance in value, registering a rise of 1800%. Apparently, a number of different tokens with the same “X” of their names additionally shortly rose in worth.
It was yesterday when Musk introduced Twitter’s rebranding methods in a tweet: “And shortly we are going to say goodbye to the Twitter model and, steadily, to all of the birds. Nonetheless, the information was not well-received, with a number of customers claiming that updating a widely known and beloved model was a nasty concept.
Among the many well-known names who opposed Musk’s new concept was American actor Mark Hamill, who joked that Twitter was altering the title to the eyes of a lifeless chicken. Common Twitter comic Saeed additionally stated, “One factor about Elon Musk is that every little thing he does at all times finally ends up being an ex.
The cryptocurrency house was additionally fast to joke about this new change. “So we’re X now?” requested Binance, and analyst Ran Neuner replied, “However what about while you X about your ex?” Regardless of the jokes, crypto Twitter is essentially supportive of the rebranding and hopes the location will see new developments round crypto funds.
As for Musk’s favourite cryptocurrency, CoinMarketCap indicated that whereas the worth of DOGE fell 0.24% prior to now day, it’s up about 0.45% over the previous week. Consequently, the meme coin was buying and selling at $0.07141 at press time. This value rally allowed DOGE to additionally acquire in opposition to Bitcoin (BTC) by 0.30%.
