X Announces Presale of New 'X Coin'

Social media site X is offering a new digital asset wallet and cryptocurrency.

Published on Feb. 24, 2026

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X, the social media platform formerly known as Twitter, has announced the presale of a new digital currency called the 'X Coin'. The X Coin will only be available through the new X wallet, making X the latest tech company to offer a platform for storing and trading digital assets.

Why it matters

The launch of the X Coin is part of X's broader strategy to expand into new revenue streams beyond advertising. As more social media and tech companies enter the cryptocurrency space, it signals the growing mainstream adoption of digital assets.

The details

The X Coin presale will allow users to acquire the new cryptocurrency before its official launch. X has not provided details on the total supply, pricing, or use cases for the X Coin, but it is positioning the digital asset as a way for users to store and transact value within the X ecosystem.

  • The X Coin presale was announced on February 19, 2026.

The players

X

The social media platform formerly known as Twitter, which is launching a new digital currency called the 'X Coin'.

Elon Musk

The CEO of X, who is leading the company's push into cryptocurrency and digital assets.

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What they’re saying

“The launch of the X Coin is an exciting step forward in our vision to create a more decentralized and user-centric social platform.”

— Elon Musk, CEO, X (wishtv.com)

What’s next

X has not provided a specific timeline for the full launch of the X Coin, but the presale is expected to be the first step in making the digital currency available to users.

The takeaway

The introduction of the X Coin is the latest example of how social media and tech companies are exploring the potential of cryptocurrency and digital assets to diversify their revenue streams and offer new services to users.