The cryptocurrency market is always welcoming new innovations. That being said, Elon Musk is known for his ardent adoration for Dogecoin and has often been noted as starting how he may one day add Dogecoin to X, enabling a new world for the token to experience and encounter. Given the fact that Musk is already handling a leading governmental department. Can this development become an absolute reality one day? If yes, then how high can DOGE surge, banking on the aforementioned development? Let’s find out.
Also Read: De-dollarization Gains Momentum: China and Russia’s Joint Push for a New Global Order
Musk’s Potential Plans For X
Elon Musk has always cultivated grand plans for X, including making the platform a leading financial player in the domain. In a new interview snippet making rounds on the internet, Musk can be noted stating how he envisions X to become a global financial entity in the near future.
“Essentially, if done right, X would serve people’s financial needs to such a degree that over time. It would become, I don’t know. Maybe half of the global financial system, or some big number. It would be by far the biggest sort of financial system.”
Musk has always considered X as more than just a social media platform. His plans include turning X into a mainstream financial services provider that can host and transmit global financial services in one go. In this wake, Musk’s X had earlier partnered with Visa to launch X Money, a venture that revolutionizes receiving and sending payments via X.
Elon Musk says if done right, X would become half of the global financial system. pic.twitter.com/dmUyOa1i1L
— Watcher.Guru (@WatcherGuru) March 22, 2025
Also Read: Bitcoin: Here’s When BTC Could Reclaim $100,000
Where Does Dogecoin Fit Into This?
Musk has often been noted making impromptu statements about Dogecoin. The Tesla chief had earlier announced how he would accept Dogecoin payments for Tesla merchandise, fueling a bullish price rally for the token. At the same time, speculations of Musk adding DOGE to X money have been running amok for quite a while, fueling modest token surges from time to time.
It’s official, yet again: Elon Musk supports Dogecoin.
“I just know a lot of people who are not that wealthy who, you know, have encouraged me to buy and support Dogecoin. I’m responding to those people.” https://t.co/qNhZInb6mG pic.twitter.com/zN0HTmn4xI
— Bloomberg (@business) June 21, 2022
What Happens To The Token If It’s Embedded Into X Money?
Per ChatGPT, Dogecoin may surge up to $1 if the elements of hype and increased trading volume continue to support DOGE on X money.
In a midterm scenario, DOGE can soar up to $2.50, based on factors such as accelerated adoption rate and X payment growth surge.
In a long-term scenario, Dogecoin may hit $5 if its adoption rate continues to gain market momentum.
Also Read: Comcast Stock Forecast: Can It Hit a 14.77% Surge in 2025?
Credit: Source link
