Elon Musk’s social network X is not going to release its own cryptocurrency

American billionaire Elon Musk has confirmed that his social network X, formerly known as Twitter, is not going to develop its own cryptocurrency. Earlier it became known that X received a license necessary to provide a cryptocurrency payment service and trading services in the United States. After that, the famous influencer DogeDesigner wrote that X was not going to launch his own coin. “The team is more focused on making real money work in the…