Musk Affirms Twitter Will Never Launch Crypto Amid X Token 10,000% Surge

• A Supposed Twitter-linked token X skyrockets 10,000% within 24 hours.
• Elon Musk dismisses token launch rumors, asserting, “We never will”.
• Dogecoin designer’s cautionary tweet prompts cautious reception amid surging tide.

In a remarkable turn of events, a purported Twitter-linked cryptocurrency (X) has seen an astonishing surge of 10,000% within a mere 24-hour timeframe. The meteoric rise has sent shockwaves throughout the crypto community, prompting intrigue and skepticism from investors and enthusiasts alike.

A UX/UI and graphic designer affiliated with the famed Dogecoin (DOGE) took to Twitter to voice a cautious sentiment about the supposed Twitter token. The individual underscored a salient point: Elon Musk, the owner of Twitter, has not launched a cryptocurrency token. 

The tweet served as a stark reminder for the community to approach such speculative narratives amid the rising tide with a degree of circumspection. For context, the X token launch comes amid Twitter’s rebranding to ‘X.’

Interestingly, Elon Musk himself weighed in on the matter. Musk concurred with the sentiment put forth, reinforcing the designer’s stance. With resolute candor, he proclaimed, “And we never will.”

The declaration from the tech visionary resonates an air of finality to any speculation of Twitter ever launching a cryptocurrency. Many crypto enthusiasts in the comment section expressed a shared sentiment with Musk.

A Twitter Blue subscriber identified as Kandle agreed that there was no need for a native asset for the social networking platform. The Twitter user remarked:

There’s no need to tokenize everything; we have the same belief, create a product that works. No tokens, No BS.

Meanwhile, it is worth mentioning that Elon Musk used to be a fervent proponent of cryptocurrencies. Musk previously accepted Bitcoin payment for his product before suspending it due to its supposed environmental impact.