Elon Musk Verifies Rejection of X Coin, However What About His Position on Dogecoin (DOGE)?

Elon Musk’s current rejection of the hypothesized “X coin” has actually sparked conversations within the cryptocurrency neighborhood, especially worrying the fate of Dogecoin (DOGE).

This follows Musk required to the platform, providing a clear and direct “No” in reaction to speculations about the platform having an internal token.

NEWS: may be taking a look at introducing coin for developers!

Getting coins will assist users build up diamonds which will be transformed to genuine cash in developer payments! https://t.co/kxeBa0bZrj pic.twitter.com/Wu8t3F9etq

— X News Daily (@xDaily) August 30, 2023

Reports about an “X coin” happened in the past Twitter’s rebranding to X when code bits found by devoted lovers suggested the development of a distinct digital currency.
Nevertheless, due to the platform’s advancement and modification in ownership, these objectives were stopped.
Musk’s declaration has actually drawn substantial attention from cryptocurrency lovers, consisting of fans of DOGE.
Considering that Musk presumed control of X, there has actually been speculation about incorporating DOGE as a native currency. His current reaction has actually revived these conversations and set off restored speculation.
Musk’s reply focused entirely on concerns about the “X coin” and not other associated topics. This raises the concern of whether his rejection consists of a wider rejection of token deals for X or whether DOGE is still being thought about for that function.