After Elon Musk's announcement of Twitter's rebranding to "X Corp", various tokens with the "X" label have emerged on Decentralized Exchanges (DEXes), leading to the creation of several meme coins. The X token on the BNB Chain experienced a 99.58% loss in value, while an X token on Uniswap saw a 141,000% increase. Linda Yaccarino, Twitter's newly-appointed CEO, stated that the rebranding to X would enable Twitter to consider critics' opinions and introduce new features, with the goal of establishing a global marketplace. Meanwhile, Dogecoin's trading volume increased by 187% and its price rose by 2.44%.
All Comments