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Elon Musk Rebrands Twitter to X, This Cryptocurrency Soars 1400% in Return

George Georgiev Jul 24, 2023 08:49
Elon Musk is rebranding Twitter to X.

Elon Musk has taken yet another spin on the second-largest social media platform in the world. He rebranded Twitter to X – the website can now be accessed through an alternative domain as well.

Of course, as it’s always the case when Musk makes a move, cryptocurrency aficionados have taken the opportunity to pump a token, the name of which resembles that of the new brand.

  • X.com – this is the new domain through which users can access the popular social media platform – Twitter. The old domains continue working.
  • The logos on the website remain unchanged, but Musk has changed his own profile picture to the new brand identity and posted a short video with the new brand identity.

  • Twitter’s CEO, Linda Yaccarino, also posted on the matter, hinting at potential AI integrations.

X is the future state of unlimited interactivity – centered in audio, video, messaging, payments/banking – creating a global marketplace for ideas, goods, services, and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine.

  • As it’s almost always the case, cryptocurrencies with some resemblance to the new brand pumped in return. X token, for once, is up over 1400% in the past 24 hours, skyrocketing following the news broke out.
Source: CoinMarketCap
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George Georgiev

Georgi Georgiev is CryptoPotato's editor-in-chief and seasoned writer with over four years of experience writing about blockchain and cryptocurrencies. Georgi's passion for Bitcoin and cryptocurrencies bloomed in late 2016 and he hasn't looked back since. Crypto’s technological and economic implications are what interest him most, and he has one eye turned to the market whenever he’s not sleeping. Contact George: LinkedIn

Tags: Elon Musk