On August 5, Elon Musk, who recently renamed Twitter to X, revealed that the social network has never launched its own token, nor does it plans to in the future. This announcement has encouraged Dogecoin enthusiasts.
Warnings
Musk's statement was prompted by a tweet from user cb_doge, who warned fellow users to be more careful with loud news headlines, considering that X had never ventured into token launches . The responses flooded in, echoing queries like "What about DOGE?". However, there has been no official information regarding Dogecoin's integration into X, despite Musk temporarily changing the Twitter logo for the Dogecoin logo in April.
What's the buzz
Rumors about cryptocurrency integration within the Twitter framework have been floating around in the community for a while now. This buzz is fueled by Elon Musk's promise to make X the "everything app" that could take a big part of the financial world.
It is rather hard to imagine that crypto will be ignored, especially bearing in mind that Musk openly declared Doge as his favorite cryptocurrency.
Yet, until official information emerges, it is wise to exercise prudence when encountering tokens with flashy names. After all, they can be made by anyone to profit from hyped topics and news.
🥊 By the way, remember the upcoming fight between Mark Zuckerberg and Elon Musk? While the date is not pinned down, Zuckerberg, throughThreads, has proposed holding it on August 26. Earlier, Musk said that the fight would be streamed on X, with the proceeds kept for charity.
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