XRP vs DOGE: Which Crypto Will Elon Musk Choose for X?

XRP vs DOGE: Which Crypto Will Elon Musk Choose for X?

Time Stamp: July 25, 2023 6:41 AM
1 hour ago 2 mins read category : News
  • The crypto community speculates over Elon Musk rebranding strategy.
  • Some believe X is a tease of making XRP the main payment option on the platform.
  • Others believe it will likely be Dogecoin (DOGE).

Elon Musk’s recent decision to rebrand Twitter has sparked speculation within the crypto community. In particular, a certain crypto strategist points out the eerie connection between XRP and Musk’s obsession with payment options on the platform.

In detail, the strategist draws light regarding the potential involvement of XRP (Ripple) in Musk’s plans. Above all, he states that his observation is purely speculative. He then goes on to state his belief about a possible connection between the recent legal clarity gained by XRP and Musk’s interest in Twitter’s rebranding.

Following the legal victory in the SEC vs. Ripple case, XRP has been relisted on most exchanges, providing a boost to its market presence. Shortly after this development, Elon Musk announces the rebranding of Twitter to X, which he finds coincidental.

In response to this post, many speculate that Musk’s interest in Twitter’s rebranding might be part of his larger plan to turn the social media platform into a WeChat-like app. According to these speculations, Musk could be eyeing the payments platform of Twitter and exploring blockchain technology for efficient transactions.

The theory suggests that Musk’s focus on speed and efficiency, evident in his ventures like SpaceX and Tesla, might lead him to consider XRP as the ideal crypto asset for Twitter’s payments platform. After all, XRP is known for its fast transaction speed and cost-effectiveness.

One notable point of speculation is why Musk would choose XRP. This is clearly due to XRP’s recent legal clarity. Thus, making the asset stand out as a crypto with a more secure regulatory status.

While these ideas remain thoughts and purely conjecture, some in the crypto community find the alignment of events intriguing. However, it is crucial to remember that such theories are purely speculative and should not be taken as confirmed plans.

Meanwhile, other responses to the post agree to the theory of Musk aiming to indoctrinate cryptos. However, they disagree on the asset being XRP. These responses say it will most certainly be Dogecoin (DOGE). To highlight, one response even mentions how Musk is already running DOGE nodes on Starlink.

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