Elon Musk pronounces altering Twitter’s emblem to an ‘X’, sparking pleasure and help from the XRP neighborhood.
On Sunday, July 23, billionaire Elon Musk announced that he would change Twitter’s emblem to an ‘X’ on Monday, sparking pleasure among the many XRP neighborhood, which responded positively to the information.
In line with Musk, the brand new logo with the letter ‘X’ represents the title of the “tremendous app” he needs to create to compete with the Chinese language social media and instantaneous funds large, WeChat.
Musk brazenly acknowledged his need to copy the “WeChat for the West” mannequin, suggesting that this transfer ought to have been made a very long time in the past. Moreover, the CEO of Tesla, well-known for being a cryptocurrency fanatic, acquired sudden help from the XRP neighborhood, regardless of not tweeting about it with the identical ardour as he does for his favourite memecoins: Shiba Inu (SHIB) and Dogecoin (DOGE).
The XRP Neighborhood Applauds Twitter’s Picture Change
The XRP neighborhood on Twitter wasted no time expressing their ideas on the brand new emblem, given its resemblance to the XRP emblem.
As an illustration, the famend influencer of the XRP neighborhood, “@XRPcryptowolf,” proposed an equivalent emblem to that of XRP, emphasizing the “X” similarities by putting it on a black background, suggesting that it could look higher than the brand posted by Twitter’s CEO, Linda Yaccarino.
Anybody else agree that the #XRP emblem appears to be like approach higher? 👀 https://t.co/efEstwvNAQ pic.twitter.com/RwowxCiuIC
— XRPcryptowolf (@XRPcryptowolf) July 24, 2023
Nonetheless, different customers identified that the resemblance to the XRP emblem was so placing that Ripple may doubtlessly sue Twitter for copyright infringement.
$XRP appears to be like approach higher, however they need to nonetheless sue the fuck out Elon for the clear copyright infringement.
— JustSaiyin.eth 🦇🔊 (@JSaiyin) July 24, 2023
Some customers reminisced concerning the previous days when the social media large had a tip bot that used XRP, questioning if there was a chance that the brand new “X app” would reintroduce such fee options.
TWITTER IS NOW BECOMING THE “X” APP, WILL XRP BE THE PAYMENTS SYSTEM?? Full video on YT
#crypto #news #twitter #elonmusk #xrp #ripple #X pic.twitter.com/Tw9s6SM4VH— Aaron(CryptoNoob) (@AaronCryptoNoob) July 24, 2023
Elon Musk Modifications Twitter’s Emblem Once more
This isn’t the primary time Elon Musk has determined to alter Twitter’s emblem in a single day. A couple of months in the past, he changed the blue hen emblem with the picture of a Shiba Inu, essentially the most beloved and cherished canine each amongst memecoin fanatics and Elon Musk himself.
That sudden picture change resulted in a class-action lawsuit in June 2022, alleging value manipulation of memecoins to unjustly enrich himself with billions of {dollars} via undisclosed gross sales of Dogecoin, utilizing insider info. After the primary emblem substitute, DOGE’s value elevated by 30%.
Nonetheless, Musk tried to dismiss the unique lawsuit, claiming that there was nothing unlawful about supporting a reliable cryptocurrency. Moreover, there was no proof of illicit enrichment by the billionaire, who continues to specific his help for memecoins on each doable event.
Marco is a passionate journalist with a deep habit to cryptocurrencies and a eager curiosity in images. He’s fascinated by buying and selling and market evaluation. He has 5+ years of expertise working with cryptocurrency tasks.
