In July, Musk renamed Twitter to X and changed the logo to an “X” symbol, leading to a surge in prices for several tokens with the same name, X.
On August 2nd, crypto KOL cyclop tweeted that information about “X” Token has appeared in the latest development version of X (formerly Twitter), speculating that X could be a cryptocurrency.
Last Friday, Elon Musk provided a positive response regarding the issuance of tokens for X in a reply to the DogeDesigner, a designer for Dogecoin. Musk stated that X will never launch a cryptocurrency token.