Will Dogecoin Be Part of Elon Musk’s X App Trading Launch in 2025?
Highlights
- Elon Musk is launching an X App trading platform this year to build a fully fledged super app.
- The leaked roadmap does not mention Dogecoin integration yet.
- Despite uncertainty, there are signs of DOGE integration, including Musk’s long-standing support for this cryptocurrency.
The Dogecoin supporter, Elon Musk, is all set to launch an X App trading platform this year. CEO Lica Yaccaino has confirmed that the platform is rolling out “investment or trading,” which is part of Musk’s plan to turn X from just a simple social media platform to a super-app. However, with the launch time nearing, the details around the qualities and features are intriguing investors, especially whether it will support DOGE or not.
Elon Musk’s X App Trading Roadmap Lacks Mention of Dogecoin
As Elon Musk’s X App has been confirmed, a leaked presentation has revealed additional information on the launch. According to a CoinTelegraph report, Musk is preparing to launch a Visa-backed digital wallet called X Money, which would support instant payments, peer-to-peer transfer, and much more. The aim is to transfer X into a super app similar to a popular Chinese social media platform called WeChat.
Notably, crypto trading is not available in the beta launch, but crypto integration like Dogecoin appears to be under development. However, no official announcement has been made, and the approvals are still in process.
Amid this anticipation, Dogecoin price has surged more than 2% today and 7% over the week. With that, it trades at $0.1719 with a market capitalization and trading volume of $25.79M and $879.4M.
Indeed, this rollout is part of Musk’s broader ambition to embed fiat and crypto functionality in one digital ecosystem.
Will Dogecoin be Included in Elon Musk’s X App?
Since the leaked roadmap fails to mention DOGE, it is uncertain whether this will be included or not. Moreover, Yaccarino did not specify any assets eligible for listing and trading, so the uncertainty increases.
However, experts still anticipated the possibility, considering Musk’s love for DOGE and his extreme decision. This includes the recent announcement of the launch of a political party called “America Party.”
In March 2024, Musk said that DOGE could be added to buy Teslas at some point, but gave no timeline. Many more such statements suggest that he foresees payments with DOGE, so the crypto users believe the payment app would support this.
For now, industry experts expect initial fiat rails and crypto ones, including DOGE, to follow up later once the groundwork is laid. Investors must await official confirmation as the leaked roadmap misses the DOGE name.
Frequently Asked Questions (FAQs)
1. What is the X App trading platform?
2. Will the X App support crypto trading?
3. Is Dogecoin integration confirmed?
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