Elon Musk’s audacious reimagining of Twitter into a multifaceted service called X may alter the iconic social media platform into a hub for transactions, potentially involving cryptocurrencies, specifically Dogecoin, a digital currency favored by the billionaire.
Musk’s Vision for an ‘Everything App’
The concept of an ‘everything app,’ incorporating social media, messaging, purchasing capabilities, and money transfers, has been a long-standing ambition for Musk.
Experts speculate that cryptocurrencies, in particular Dogecoin X, could play a significant role in this broad integration, given Musk’s history with digital currencies.
His electric vehicle company, Tesla, retains Bitcoin, and he’s frequently expressed his fondness for Dogecoin. Musk’s appreciation for Dogecoin was made apparent when he tweeted, “Dogecoin might be my fav cryptocurrency. It’s pretty cool,” in 2019.
In a more recent instance, Dogecoin X saw a significant but temporary surge after Twitter’s logo was briefly replaced with the Dogecoin emblem during the app’s rebranding phase.
