cryptonews.net
The price of X token has increased by 2000% in the last 24 hours. This comes after Elon MUSK changed his Twitter profile picture to an X as part of his rebranding plans. On July 23, the billionaire spoke about the upcoming rebranding of his social network. In a series of tweets, the businessman shared his plans with subscribers, which, among other things, include changing the name of the site to "X".
Cryptocurrency called X is associated with a multi-chain decentralized NFT market. The official website mentions that the token is owned and operated by the X community and is managed by the X DAO. It is also reported that the NFT marketplace is now closed.
According to Coingecko data, the price of the X token has jumped over 2000% in the last day, and its price has increased by 1830% in the last 7 days. Token X is trading at an average price of $0.000392 at the time of writing. Trading volume for 24 hours increased by 142,779% and amounted to $133,491.
Image: Coinpedia