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HomeCryptocurrencyElon Musk's Recent Announcement Sparks an Interesting Demand for XRP Involvement

Elon Musk’s Recent Announcement Sparks an Interesting Demand for XRP Involvement

Since Elon Musk, the billionaire tech guru, acquired X (formerly Twitter), tons of crypto enthusiasts have been canvassing the recognition or integration of their digital assets on the microblogging platform. XRP and Shiba Inu (SHIB) enthusiasts have been caught in this act on several occasions.

It’s obvious that Musk has tangled with the largest meme token, Dogecoin (DOGE) from the onset. He usually touts the digital asset on X at will, giving the crypto asset a wide room for popularity and growth in terms of price. This shows that his interest only revolves around Dogecoin.

Read Also: Elon Musk Ignites XRP and SHIB Armies’ Curiosity with His Recent Post on X

Recently, Musk revealed his plan to make X the center of the financial world, handling anything in users’ lives that deals with money. The billionaire expects these features to launch by the end of 2024. While speaking with X employees during an all-hands call on Thursday last week, he said people will be surprised with just how powerful the feature will be.

Elon Musk noted:

“When I say payments, I actually mean someone’s entire financial life. If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account… It would blow my mind if we don’t have that rolled out by the end of next year.”

Crypto Enthusiasts Lobbies XRP Integration

XRP is known for its extremely fast transactions. The digital asset is primarily designed to facilitate cross-border payments to end the weekend and holiday market shutdowns, which have hurt many customers over the years.

Cryptocurrency, especially XRP transactions don’t require 5 working days for their payments or transactions to settle. They are designed to settle in under 5 seconds on the blockchain network that functions 24/7. This is why XRP enthusiasts think the integration of XRP on X will be worthwhile for the platform’s project.

Alex Cobb, an experienced investment analyst, who is a prominent XRP enthusiast, recently took to X to suggest the integration of XRP on the popular microblogging platform.

Alex Cobb tweeted, “Elon Musk just announced that X will become a full-scale finance platform within a year. Would love to see some XRP integration.”

Read Also: Elon Musk Raises XRP and SHIB Armies’ Enthusiasm With His Recent Cryptic Post On X

As aforementioned, Musk wants to build a feature that would make X dethrone banks. According to the tech billionaire, users won’t need bank accounts once the feature is rolled out by the end of 2024.

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On the other hand, XRP community members believe that XRP will be useful for the mission due to its fascinating use cases. It remains to be seen if Musk will heed the call for XRP integration in the long run.

Although there are rumors that Musk is planning to consider the integration of his favorite cryptocurrency Dogecoin (DOGE), the tech expert hasn’t publicly made such a declaration.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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