How Musk’s X Logo Reveal Might Have Impacted XRP’s Price Uptick

• Elon Musk’s X app logo video stirs reactions, especially from the active XRP community.
• Despite the visual resemblance, Musk hasn’t publicly acknowledged XRP, remaining a staunch Dogecoin supporter.
• Tesla and SpaceX, under Musk, have already embraced certain cryptocurrencies for payments and merchandise.

Elon Musk, the CEO of Tesla and owner of the X platform, recently released a video showcasing the X app logo. This seemingly simple act has ignited fervor among the cryptocurrency community, particularly the XRP enthusiasts. The primary reason? An uncanny resemblance between the X app’s symbol and the XRP logo.

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Notably, Musk’s X posts often spark intrigue, not just among X users, but among cryptocurrency aficionados as well. On this occasion, notable entities, including the rebranded HTX account and Safepal Wallet, chimed in.

Interestingly, while the XRP community is ever-keen to engage with Musk’s posts, the DOGE fans largely reserve their comments for Musk’s Dogecoin-related updates.

However, in spite of the unmistakable enthusiasm radiating from the XRP community, Musk’s allegiance, it seems, lies solely with Dogecoin. The tech mogul, while often voicing his ardor for cryptocurrencies like DOGE and occasionally Bitcoin, has notably refrained from mentioning XRP in any capacity. A testament to his crypto affinity is evident in his recent characterization of fiat currencies as deceptive.

Furthermore, it’s worth noting that both Tesla and SpaceX, under Musk’s leadership, have adopted cryptocurrency in various capacities. Tesla briefly embraced Bitcoin for e-car purchases in early 2021, while both companies currently accept Dogecoin for merchandise.

As the world of cryptocurrency continues to expand and evolve, there’s an undeniable promise for Ripple and XRP. And with influential figures like Elon Musk entering the fray, the future of digital currencies, including XRP, is undoubtedly bright.

Read also:

• Upbit’s Logo To Be Featured on Napoli’s Shirts
• Dogecoin Makes Sudden Pump With X App Integration Speculation
• DOGE Price Surge? What X’s New Crypto Payment License Means for Elon Musk’s All-in-One App
• DOGE and X App: Elon’s Vision for a Connected Crypto Future
• Will DOGE Dominate Elon Musk’s Everything App ‘X’?