Elon Musk proclaims altering Twitter’s brand to an ‘X’, sparking pleasure and assist from the XRP group.
On Sunday, July 23, billionaire Elon Musk announced that he would change Twitter’s brand to an ‘X’ on Monday, sparking pleasure among the many XRP group, which responded positively to the information.
In keeping with Musk, the brand new logo with the letter ‘X’ represents the identify of the “tremendous app” he needs to create to compete with the Chinese language social media and on the spot funds big, WeChat.
Musk brazenly said his want to duplicate 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, obtained surprising assist from the XRP group, 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 group on Twitter wasted no time expressing their ideas on the brand new brand, given its resemblance to the XRP brand.
For example, the famend influencer of the XRP group, “@XRPcryptowolf,” proposed an an identical brand to that of XRP, emphasizing the “X” similarities by inserting it on a black background, suggesting that it could look higher than the emblem posted by Twitter’s CEO, Linda Yaccarino.
Anybody else agree that the #XRP brand appears to be like means higher? 👀 https://t.co/efEstwvNAQ pic.twitter.com/RwowxCiuIC
— XRPcryptowolf (@XRPcryptowolf) July 24, 2023
Nevertheless, different customers identified that the resemblance to the XRP brand was so putting that Ripple may doubtlessly sue Twitter for copyright infringement.
$XRP appears to be like means 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Some customers reminisced concerning the outdated days when the social media big had a tip bot that used XRP, questioning if there was a chance that the brand new “X app” would reintroduce such fee options.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 Adjustments Twitter’s Brand Once more
This isn’t the primary time Elon Musk has determined to alter Twitter’s brand in a single day. A couple of months in the past, he changed the blue fowl brand with the picture of a Shiba Inu, essentially the most beloved and cherished canine each amongst memecoin fanatics and Elon Musk himself.
That surprising picture change resulted in a class-action lawsuit in June 2022, alleging value manipulation of memecoins to unjustly enrich himself with billions of {dollars} by way of undisclosed gross sales of Dogecoin, utilizing insider data. After the primary brand substitute, DOGE’s value elevated by 30%.
Nevertheless, Musk tried to dismiss the unique lawsuit, claiming that there was nothing unlawful about supporting a reputable cryptocurrency. Moreover, there was no proof of illicit enrichment by the billionaire, who continues to precise his assist 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.
