Elon Musk proclaims altering Twitter’s brand to an ‘X’, sparking pleasure and help 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.
Based on 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 big, WeChat.
Musk brazenly said his want 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, obtained sudden help 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 Group 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.
As an illustration, the famend influencer of the XRP group, “@XRPcryptowolf,” proposed an an identical brand to that of XRP, emphasizing the “X” similarities by putting it on a black background, suggesting that it might look higher than the brand posted by Twitter’s CEO, Linda Yaccarino.
Anybody else agree that the #XRP brand seems to be manner higher? 👀 https://t.co/efEstwvNAQ pic.twitter.com/RwowxCiuIC
— XRPcryptowolf (@XRPcryptowolf) July 24, 2023
Nonetheless, different customers identified that the resemblance to the XRP brand was so hanging that Ripple might doubtlessly sue Twitter for copyright infringement.
$XRP seems to be manner 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 in regards to the previous days when the social media big had a tip bot that used XRP, questioning if there was a risk 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 Brand Once more
This isn’t the primary time Elon Musk has determined to vary Twitter’s brand in a single day. Just a few months in the past, he changed the blue chook brand with the picture of a Shiba Inu, essentially the most beloved and cherished canine each amongst memecoin lovers 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} by way of undisclosed gross sales of Dogecoin, utilizing insider info. After the primary brand 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 potential event.
Marco is a passionate journalist with a deep habit to cryptocurrencies and a eager curiosity in pictures. He’s fascinated by buying and selling and market evaluation. He has 5+ years of expertise working with cryptocurrency initiatives.
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