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Dogecoin Role In Elon Musk’s X App Trading Eyed

Dogecoin Role In Elon Musk's X App Trading Eyed

Speculation grows as Elon Musk eyes the 2025 launch of X App trading, as investors wonder if Dogecoin integration will be included.

Elon Musk, a fan of Dogecoin, plans to introduce an X App trading platform this year.

Musk wants to transform X from a basic social media platform into a super-app, and CEO Lica Yaccarino has stated that the site is launching “investment or trading.”

However, as the debut date draws closer, investors are interested in the specifics of the features and attributes, particularly whether they will help DOGE.

Elon Musk Does Not Mention Dogecoin In His X App Trading Roadmap

Further details on the debut of Elon Musk’s X App have been made public by a leaked presentation.

A CoinTelegraph report claims that Musk is getting ready to introduce X Money, a digital wallet supported by Visa that will facilitate peer-to-peer transfers, quick payments, and much more.

The goal is to transform X into a super app that resembles WeChat, a well-known social networking site in China.

Notably, the beta launch does not support cryptocurrency trading; however, integration with Dogecoin and other cryptocurrencies is underway.

Nevertheless, the clearances are still being processed, and no formal statement has been made.

Due to this anticipation, the price of Dogecoin has increased by more than 2% today and 7% this week.

With a market value of $25.79 and a trading volume of $879.4, it currently trades at $0.1719.

Dogecoin Price
Dogecoin Price

Musk’s larger goal of integrating crypto and fiat operations into a single digital ecosystem includes this launch.

Will Elon Musk’s X App Support Dogecoin?

It is unclear whether DOGE will be incorporated because it is not included in the leaked roadmap.

Furthermore, there is more ambiguity because Yaccarino could not identify any assets that could be listed or traded.

Nevertheless, given Musk’s passion for DOGE and drastic choice, experts continued to predict the probability.

This includes the recent declaration of the formation of the “America Party,” a political party.

Musk stated in March 2024 that DOGE might eventually be added to the list of companies that purchase Teslas, but he provided no timeframe.

Numerous other statements imply that he anticipates payments using DOGE, leading cryptocurrency users to assume that the payment app would facilitate this.

Source: X
Source: X

Industry analysts anticipate that the first fiat rails and cryptocurrency ones, such as DOGE, would follow when the foundation is established.

The leaked roadmap does not include the DOGE name, so investors must wait for official confirmation.

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