‘Is X Token Related to the New Twitter?’ Asks Crypto Community

• Twitter owner Elon Musk announced the rebranding of Twitter to X.
• Since the announcement, coins such as the X token, have seen surprising climbs.
• Musk’s favorite crypto DOGE is currently trading at $0.07141.

Since Elon Musk announced the rebranding of Twitter to X, the crypto sphere has witnessed tokens with similar names surging in value. One such token to take the spotlight these past few hours is the X token.

Though this coin has no relation to Twitter or its rebranding efforts, the X token skyrocketed in price, registering an increase of 1800%. Interestingly, several other tokens with similar “X” in their names have seen a rapid climb in value as well.

It was yesterday that Musk announced the rebranding strategies of Twitter with a Tweet stating, “And soon we shall bid adieu to the twitter brand and, gradually, all the birds.” The news, however, was not well received with several users arguing that the overhaul of a well-known and well-loved brand was a bad idea.

Among the prominent names that opposed Musk’s new idea was American actor Mark Hami…

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