- Elon Musk has categorically denied any plans to launch a crypto token on 𝕏 (Twitter), as well as any stock trading tool for the platform.
- His response puts an end to the speculations and rumors surrounding these matters.
- The crypto community has been eagerly anticipating Musk’s involvement with cryptocurrency payments on 𝕏, especially in relation to DOGE.
Recently, there was a Twitter conversation between Elon Musk and a user regarding speculations that Musk’s team was planning to launch a crypto token on 𝕏, formerly known as Twitter. The user excitedly asked, “Is it true that you are launching a crypto token on 𝕏? Exciting news!” To this, Elon Musk swiftly denied the rumors, putting them to rest once and for all. He responded with a clear statement, “This is not true. My team has not launched, nor will we ever launch, a crypto token on 𝕏.”
Musk’s Dismissal of Stock Trading Tool Rumors on 𝕏
In addition to the crypto token speculations, there were also rumors circulating on Twitter about Musk’s team working on a tool for stock trading on 𝕏. However, Elon Musk has explicitly denied any such development. He addressed the issue directly, saying, “No, we are not working on any stock trading tool for 𝕏.”
Crypto Community’s Expectations Regarding Elon Musk’s Involvement with DOGE on 𝕏
The crypto community has been closely following Elon Musk’s involvement with cryptocurrency payments on Twitter, particularly concerning DOGE and Twitter rebranding. Elon Musk’s support for DOGE has had a significant impact on its price in the past. One notable instance was in April, when he changed Twitter’s logo to the Dogecoin mascot, resulting in a substantial surge in DOGE’s price.
Elon Musk’s Focus on Making 𝕏 User-Friendly with New Features
Despite the rumors, Elon Musk is currently prioritizing the improvement of 𝕏 and making it a more user-friendly platform. He has been teasing various upcoming features, and one of them includes the ability to make live videos and streams on Twitter. Musk tested this feature personally from the Twitter office and provided positive feedback on its functionality.
Elon Musk’s recent statements on Twitter have cleared the air, dispelling any notion of crypto or stock trading on 𝕏. The crypto community can now move forward knowing that Musk’s team has no plans for launching a crypto token on the platform. Any speculations regarding stock trading tools have been debunked by Musk himself.