X Rebrands Twitter and Adds Dogecoin Symbol to Elon Musk’s Bio
On July 24, Twitter rebranded to X, and Elon Musk surprised the crypto community by adding the Dogecoin symbol to his bio. This move comes as Twitter transitions into a super app that supports AI, crypto payments, and more. There are also speculations that new Twitter rules will allow for buying and selling Dogecoin and other cryptocurrencies.
Main Points:
- Twitter has rebranded to X and changed its logo to X on July 24.
- Elon Musk has added the Dogecoin symbol to his Twitter bio.
- Speculations suggest that Twitter’s new rules will enable the buying and selling of Dogecoin and crypto.
- The Dogecoin price has already gained over 4% in just a few minutes after the announcement.
- Linda Yaccarino, Twitter’s CEO, hints at a transition towards a super app supporting AI, crypto payments, and more.
Musk’s love for Dogecoin has remained strong, despite facing turbulence over the years. He has been accused of market manipulation through his Twitter following, resulting in a multi-billion dollar lawsuit. With the court yet to decide on the outcome, this case will serve as a lesson for others involved in crypto.
Hot Take:
Elon Musk’s influence on the crypto market continues to be felt, with his support for Dogecoin and involvement in Twitter rebranding. The addition of the Dogecoin symbol to his bio signifies his continued interest in the meme coin. This move also raises excitement and speculation about the future of buying and selling Dogecoin through Twitter. As the crypto world evolves, it is essential for investors and enthusiasts to stay informed and adapt to the changing landscape.
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