Musk's Twitter Rebrand to 'X' Sparks Launch of Various Cryptocurrencies



Elon Musk's Twitter rebranding to the symbol "X" has led to the emergence of several tokens with the same branding on decentralized exchanges. These tokens range from legitimate projects with future roadmaps to potential pump-and-dump schemes. The excitement around these tokens is driven by low volatility in major cryptocurrencies like Bitcoin and Ethereum, prompting traders to seek opportunities elsewhere, including meme coins.
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