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Elon Musk Denies Crypto Token Launch for X and Twitter

In a recent tweet, Musk categorically stated that X, the highly innovative firm known for its groundbreaking ventures, has no plans to create its own digital currency. This announcement was made in response to a post regarding doubting X and Twitter crypto tokens. Earlier this month, DogeDesigner published a post warning investors about scam tokens, which has sparked an extensive debate within the crypto community. Musk firmly clarified that neither he nor his company X has ever launched a cryptocurrency token, Elon Musk quickly declared, “And we never will.” In a significant market reaction, the price of Dogecoin (DOGE) experienced a rapid 2% jump within hours after Elon Musk’s statement.

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