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You are here: Home / Cryptocurrency News / Altcoin News / XRP: Elon Musk’s Tweet Triggers Spate Of Jokes And Memes

XRP: Elon Musk’s Tweet Triggers Spate Of Jokes And Memes

By Lipika Deka | Edited By Lipika Deka,April 12, 2023, 4:49 PM

XRP: Elon Musk's Tweet Triggers Spate Of Jokes And Memes

XRP community is amused, thanks to the cryptic tweet posted by tech mogul and Twitter CEO Elon Musk that consists of a single letter, X.

Although Musk has never mentioned XRP in the tweets nor confirmed exactly what he was referring to, this did not deter XRP fans to jump into the meme fest in the hopes of grabbing his attention.

Chiming in first was the popular XRP advocate @MackAttackXRP who responded to Musk’s tweets with the ticker symbol of the token.

Several others jokingly tweeted other letters of the English alphabet in response, while a few speculated that it could also mean the name of Musk’s child. The SpaceX CEO is renowned for naming his children with eccentric names such as X AE A-XII or Y.

However, some of his followers tweeted that the crypto multi-billionaire might have referred to his other venture called X Corp based in San Francisco – the same city where Twitter’s headquarter is.

The firm was recently cited in court documents, and reports claim it could take over Twitter.

In spite of this, Musk continues to be devoted only to the meme cryptocurrency Dogecoin, which he considers to be the currency of the people and more suitable for payments than Bitcoin. Musk previously offered his support to Ripple in its continuing legal struggle with the SEC.

At present, the Tesla chief holds BTC and ETH, besides DOGE.

Meanwhile, outspoken YouTuber and cryptocurrency enthusiast Ben Armstrong, commonly known by the handle BitBoy, came to Twitter recently to express his views on the possibilities of XRP overtaking its competitors.

XRP could be the top Altcoin

According to BitBoy’s tweet, XRP will probably end up being the best-performing alternative coin of the upcoming bull run as long as the token receives a favorable settlement and there is no further appeal,

Additionally, he asserted that restrictions on the sixth-ranked coin are no longer possible because the regulatory challenges that the cryptocurrency encountered may be coming to an end.

In my opinion, as long as XRP gets at least a favorable settlement and no appeal, this will be the number one performing major coin of the next bull run. The suppression is almost over.

This tweet generated a lot of discussion and interest from the cryptocurrency community.

Filed Under: Altcoin News, Cryptocurrency News

About Lipika Deka

Lipika is a crypto-journalist at TWJ. A graduate in economics and finance, she has a keen interest in the political and socio-economic facets of blockchain technology and the cryptocurrency industry.

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