How X (Twitter) Could Launch Dogecoin and XRP To The Moon as Musk Plans a Full on Finance Platform

Elon Musk has revealed ambitious plans to transform X into a comprehensive financial services platform within a year, according to a new report by The Verge. Musk stated that X users will be able to do everything from peer-to-peer payments to investing without needing a traditional bank account.

This latest announcement has ignited excitement and speculation within the Dogecoin community. Musk has long been a vocal proponent of Dogecoin, consistently tweeting favorable comments about the meme-inspired cryptocurrency. Many believe that Dogecoin could play a role in Musk’s vision for X’s financial ecosystem.

Dogecoin experienced a notable rally earlier this week, surging over 15% to $0.074 before retracing back below $0.07. The recent price action shows there is still substantial interest and trading volume around Dogecoin.

Some speculate that if Dogecoin were integrated with X in some capacity, it could catalyze another leg up for the cryptocurrency. The partnership would represent one of Dogecoin’s most significant real-world use cases to date.

There are also rumors that X may adopt XRP for payments due to its low fees and fast transaction speeds. If X opts to add multiple cryptocurrencies, that would potentially pave the way for Dogecoin to be next on the list.

Importantly, Musk has confirmed there will not be an X-branded cryptocurrency coin.

Of course, this is still speculative. Musk has not yet indicated which, if any, cryptocurrencies will be supported on the X platform. However, as a long-time Dogecoin bull, Musk has given supporters reason to be optimistic.

The coming year will be crucial for Dogecoin as the community looks for it to transition from meme token to functional digital currency. Elon Musk’s plans for X could be the catalyst that propels Dogecoin through its next stage of maturity and adoption.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of


Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!