Elon Musk, who owns the well-known social media site X, has caused more trouble in the digital world. Musk posted a short video earlier today with the X sign.
Many people think this was a reference to the $44 billion he paid for Twitter and to his ongoing dedication to protecting free speech.People, especially those who work with cryptocurrencies, saw the film.
A well-known XRP fan, @XRPcryptowolf, was quick to point out how much the X sign looks like the XRP coin’s emblem.People have long thought that Musk might finally add XRP to his social media empire because of this similarity, and the Ripple empire continues to support this idea.
XRP Sparks Widespread Interest
The people who use XRP are still optimistic but the people who use Dogecoin are more positive. Musk’s love for Dogecoin, the first meme cryptocurrency that came out in 2013, keeps its supporters optimistic that it could be added to X.
Along with XRP and Dogecoin fans, a SHIB fan named “Shib Bender” also replied positively to Musk’s post, showing that interest is widespread in many crypto groups.
In other news, X Payments, a company that is part of X, recently got a Money Transmitter License in its 29th U.S. state. With this big win, X has become a strong player in the online payment market, and the platform can now move money between these states.
It is still planned to get different licenses for processing payments in these states, though. By the end of the year, X should have internal funds up and running. This could change the way people use the platform to do business.
X has been slowly improving its ability to handle money. Jack Dorsey, who co-founded the app and used to be its CEO, added Bitcoin tipping in 2021. Tips for Ethereum were added the next year.
Musk bought Twitter in 2022 and changed its name to X in 2023. In 2023, he added a subscription feature that let content makers get paid every month by their subscribers.
