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Elon Musk’s X is set to integrate cryptocurrency payments, with many speculating that Dogecoin (DOGE) will be at the center of its payment structure. Initially created as a joke by Jackson Palmer and Billy Markus in 2013, Dogecoin has become a serious cryptocurrency, partly due to the world’s richest man’s support. Musk has already integrated Dogecoin into his electric car company Tesla, and has confirmed that he personally owns DOGE. However, some investors have accused Musk of price manipulation, claiming that he has been accumulating loads of DOGE, propping the project through his X (formerly Twitter) account before dumping the loads at a greater profit. Musk’s lawyers insist that the said wallets do not belong to the billionaire. Elon Musk is set to transform X into an ‘everything app’, a comprehensive platform for payments and financial services. This means that like WeChat, X will be able to process payment transactions, book flights, and hotels, buy groceries and bills, and access and download other apps. Musk believes that crypto can easily become the new form of money, and his favorite is Dogecoin. As he builds his new Everything app, it is most likely that Dogecoin will be central and could become the native currency. At the time of press, Dogecoin is trading for $0.062 with a less than 1 percent change in the last 7 days. This offers early investors a chance to accumulate ahead of a possible positive development that promises to send DOGE to the moon.

This News Article was automatically generated by Bob the Bot(AI)

Information	Details
Geography	Global
Countries
Sentiment	positive
Relevance Score	8
People	Tesla, FAC, FINRA, Elon Musk, Billy Markus, Jackson Palmer
Companies	Tesla, Dogecoin, FAC, FINRA, Elon Musk, eToro, Billy Markus, Jackson Palmer
Currencies	ethereum, xrp, shiba inu, dogecoin, bitcoin
Securities