The world’s richest man, Elon Musk, once again discussed his plans to turn X (formerly Twitter) into a complete financial platform, with him setting a timeline of the end of 2024 to accomplish that goal. This has led many in the crypto community, specifically the DOGE community, to speculate about what this move could mean for the foremost meme coin, Dogecoin.

Will Dogecoin Be Implemented In X’s Financial Structure? 

So far, Musk hasn’t stated if there is any plan to incorporate cryptocurrencies into X’s payment service and, most especially, Dogecoin. However, with the X owner’s fondness and alleged investment in the token’s ecosystem, there is the possibility that this could happen once the platform’s payment service launches at the end of next year. 

Moreso, Musk’s plans to make X a financial hub coincides with plans he had discussed with his brother concerning Dogecoin, as revealed in his autobiography. Musk’s brother had mentioned the possibility of creating a blockchain-based social media platform that would integrate a payment system that allows people to make payments using DOGE.

Musk seemed to buy into the idea as he got back to his brother with the idea of creating “a blockchain social system that does both payments and short messages like Twitter.” The decentralized nature of a token like DOGE might also be appealing to Musk, considering that he has always been an advocate of free speech, and this could also translate to cre

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Author: Scott Matherson

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