According to U.Today, Elon Musk, the owner of the social media platform X, recently posted a video featuring the X logo, sparking reactions from the global cryptocurrency community, particularly among XRP and SHIB supporters. The video, which may serve as a reminder of Musk's $44 billion acquisition of Twitter to promote free speech, drew immediate responses from crypto enthusiasts. A prominent XRP fan, @XRPcryptowolf, noted the similarity between the X app logo and the XRP coin logo, fueling speculation that XRP might be integrated into Musk's social media company. Despite these hopes, the Dogecoin community remains the most optimistic, given Musk's well-known support for the meme cryptocurrency. Additionally, a SHIB fan, “Shib Bender,” also reacted positively to Musk’s tweet.

Last week, X Payments, a subsidiary of X, obtained a Money Transmitter License in another U.S. state, marking a significant milestone. With licenses now in 29 states, X aims to become a major player in online payments. However, the company will need additional licenses to process payments within these states. Earlier this year, it was announced that internal payments on the platform would be launched by the end of the year. X already offers crypto tipping, a feature introduced in 2021 by cofounder and former CEO Jack Dorsey, initially with BTC and later with ETH. Following Musk's acquisition of Twitter in 2022 and its rebranding to X in 2023, a subscription function was added, allowing content creators to receive monthly payments from subscribers.