Elon Musk, the owner of X (formerly Twitter), responded to a user’s warning about fake crypto tokens and memecoins on the platform.
He declared that X will “never” launch its own crypto token and emphasized that they have no plans to do so in the future.
Despite the association with dominant-memecoin Dogecoin, there are numerous low-cap tokens with names related to X, Twitter, or Musk.
Previously, Musk’s action of changing Twitter’s logo to the Dogecoin logo resulted in a significant surge in the coin’s price.
