Former NBA Player Baron Davis Says Celebs Will Focus More on 'Utility' Tokens

Social media has tended towards monopolization.
Elon Musk became Twitter's new owner on Thursday (Oct 27), firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform.
The rumors come hot on the heels of a Celsius financial report that exposes investors' transaction records.
Elon Musk's favorite cryptocurrency settled down after rising on news that the Tesla CEO's purchase of Twitter was back on the table.
Following the news, both TWTR and DOGE saw price surges.
Lower volumes and strong resistance levels continue to pose downside risks for DOGE prices despite the rebound.
The company's board of directors unanimously approved the deal on Monday but added it was still "subject to the approval of Twitter stockholders."
Binance is among 18 co-investors in Elon Musk's Twitter acquisition alongside firms like Sequoia Capital Fund and Fidelity Management and Research Company.
The Bahamas Prime Minister Philip Davis shared his plans to welcome crypto businesses to the region during SALT’s Crypto Bahamas.