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Ledger Nano X - The secure hardware wallet
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Elon Musk Provokes XRP Army’ s Heated Reaction With His New Tweet

19 September 2023
in XRP
Reading Time: 2 mins read
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Elon Musk Provokes XRP Army’ s Heated Reaction With His New Tweet
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Yuri Molchan

Twitter boss Elon Musk continues to stir the XRP community with his posts

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Contents

  • XRP army responds to Musk’s tweet
  • Musk has not integrated DOGE on X app yet

Owner of the X app (formerly widely known as Twitter), tech tycoon Elon Musk, has shared a post about his recent discussion with Israeli Prime Minister Benjamin Netanyahu. The latter arrived in San Francisco. In that video, Musk mocked the old saying “History is written by the victors”. Musk jested that it is so unless the enemies that you defeated are alive and have plenty of free time to edit the Wikipedia.

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XRP army responds to Musk’s tweet

Several members of the XRP army immediately responded to that tweet, reminding the crypto community that in the legal battle between Ripple and the American Securities and Exchange Commission which started in December 2020, it was Ripple that scored a victory this year. The federal judge Analisa Torres ruled that XRP token conducted by Ripple on the secondary market do not qualify as securities, while the institutional XRP sales do. Still, Ripple and the XRP community took it as a major victory.

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The XRP community has been quite active as of late with its attempts to attract Musk’s attention to their XRP coin. However, the techno tycoon remains loyal to the original meme cryptocurrency DOGE. It the past, for example, three-four years ago, any mention of Dogecoin in Musk’s tweets made the coin’s price soar. Musk back then had an overall influence on the price of tech products share price. Once he mentioned GameStocks (“Gamestonks!”), pushing the price of this company shared high up. This became known as “Elon Musk effect”.

Recent examples, when the tech billionaire mentioned assets in his tweets or memes that he posted making their prices soar, include the meme coin LADYS and several AI-related cryptos.

Musk has not integrated DOGE on X app yet

Despite multiple interviews and podcasts, where Elon Musk stated that DOGE should be implemented as a means of micropayments and tipping on Twitter, almost a year has passed since he bought the microblogging app but DOGE has not yet been introduced.

Instead, so far Musk is rebranding Twitter as X (“The everything app) and has introduced a Monetization and Subscription features that allow content makers with large audiences receive income from advertising on X and from subscribers.

Elon Musk has recently twice refuted the rumour that X app IT team is busy developing “an X coin”. According to Musk’s comments, he does not plan to launch anything like that.

Still, the DOGE army continues cherishing hopes that the tech tycoon and lover of Dogecoin will finally add DOGE as a payment option on the X app.

Credit: Source link

Tags: ArmyElonHeatedMuskProvokesReactionTweetXRP
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