Elon Musk Cosigns X Money Post, But Does It Have Anything To Do With Dogecoin?

bitcoinistPubblicato 2026-03-07Pubblicato ultima volta 2026-03-07

Introduzione

Elon Musk's plans for a financial services app, X Money," are advancing, with the platform aiming to become a Western version of China's WeChat by integrating communication and financial transactions. The app is designed to allow users to manage all financial activities—including payments, savings, investments, and loans—without leaving X or relying on traditional banks. Internal testing is underway, and an external beta is expected soon. Despite Musk’s well-known support for Dogecoin, which surged 33,000% in 2021 partly due to his endorsement, the post he endorsed made no mention of the cryptocurrency. While Dogecoin is accepted for Tesla merchandise, it has not been officially integrated into X’s payment system, leaving its role in X Money uncertain.

Elon Musk’s intentions to launch a financial services app have not been a secret, but the question mostly has been how Dogecoin fits into that dream. Musk was the primary reason for Dogecoin’s legendary 33,000% rally back in 2021, calling it his favorite cryptocurrency. Now that the billionaire has secured money transmission licenses in over 40 US states, the dream looks to be coming true. Following this, an X user, who goes by Teslaconomics, has broken down why X Money will be a game-changer.

The Future Everything App

The X post focused on Elon Musk’s X Money and what the billionaire plans to do with it. Essentially, X Money is expected to be the western version of WeChat, a Chinese app that allows users to communicate, as well as transact, all in one place.

According to Musk’s previous comments, he plans to make it possible that X users to do everything finance-related without having to leave the app. This even goes as far as not needing a traditional bank for transactions, being able to get paid in the app, pay bills, etc.

Another major thing that the user highlights is that X Money would allow users to actually have high-yield savings. Additionally, investment options are to be made available, as well as sets being able to access loans, operate money market accounts, with the possibility of treasury access.

Perhaps the most interesting thing about the post is the fact that it highlights that the X Money feature is already being tested internally. Furthermore, a limited external beta test is expected to roll out soon, which means this financial app may be closer to reality than people think.

Can Dogecoin Still Make The Cut?

While the X Money feature is getting a lot of attention and Musk cosigned the Teslaconomics post, there has been no mention of Dogecoin anywhere. The anticipation that Dogecoin would become a payment method on X has been high since Musk acquired the crypto platform and added the option for crypto tips. However, an official Dogecoin payment method has yet to be announced.

Nevertheless, there are still areas where Musk has shown support for Dogecoin payments. One of these is acceptance of Dogecoin as a payment method for Tesla merchandize. However, there has been no official integration on the X app.

DOGE tanks despite news of X Money | Source: DOGEUSDT on TradingView.com

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Domande pertinenti

QWhat is the main reason for the high anticipation around Dogecoin's role in Elon Musk's financial services app?

AElon Musk was the primary reason for Dogecoin’s legendary 33,000% rally in 2021, calling it his favorite cryptocurrency, leading to expectations it would be integrated as a payment method on X.

QAccording to the article, what is X Money expected to be similar to?

AX Money is expected to be the western version of WeChat, a Chinese app that allows users to communicate and transact all in one place.

QWhat major financial feature, besides payments, will X Money reportedly offer users?

AX Money would allow users to have high-yield savings, access investment options, loans, money market accounts, and possibly treasury access.

QWhat stage of development is the X Money feature currently in, as mentioned in the post?

AThe X Money feature is already being tested internally, and a limited external beta test is expected to roll out soon.

QDespite Musk's support for Dogecoin, where is it officially accepted as a payment method according to the article?

ADogecoin is accepted as a payment method for Tesla merchandise, but there has been no official integration on the X app itself.

Letture associate

Annual Salary of Millions Competing for Electricians, Meta Rushes to Open Its Own Technical School

The AI boom is facing an unexpected bottleneck: a severe shortage of skilled construction workers and electricians. As tech giants like Meta, OpenAI, and Alphabet race to build massive data centers—such as OpenAI's $16 billion "Stargate" project—they are hitting a critical labor wall. The U.S. needs an estimated 130,000 more electricians, 240,000 construction workers, and 150,000 supervisors by 2030 for AI infrastructure alone, but tens of thousands of electrician jobs go unfilled each year. While AI companies offer high premiums, with electricians earning up to $280,000 annually, worker scarcity still causes massive losses—delays on a single project can cost $14.2 million per month. The complexity of building AI data centers, which require immense power (equivalent to powering hundreds of thousands of homes), sophisticated electrical systems, and advanced liquid cooling solutions, demands highly skilled technicians who are in short supply. To combat this, companies are investing heavily in training. Meta has committed $115 million to a free training school offering tuition, housing, and stipends, targeting 5,000 new workers. OpenAI is partnering with unions to secure skilled labor. These efforts are paying off, with a significant rise in Gen Z interest in trade schools over college. However, the power demands are staggering. AI data centers are driving a rapid surge in electricity consumption, projected to account for up to 12% of U.S. power use by 2028 and raising costs for consumers. Furthermore, the construction boom is project-based, leading to a potential future glut of trained workers once building peaks, which could depress wages industry-wide. The race for AI supremacy now depends as much on skilled hands as on advanced chips.

marsbit9 min fa

Annual Salary of Millions Competing for Electricians, Meta Rushes to Open Its Own Technical School

marsbit9 min fa

OpenAI No Longer Sells Its Most Expensive Model for Profit

OpenAI is shifting its business strategy away from promoting its most expensive, flagship models for every task. Recent price cuts—80% for GPT-5.6 Luna and 20% for Terra—signal a deeper change: the company now actively advises users that many tasks don't require the most powerful model. Instead, OpenAI recommends a tiered approach: use the high-end GPT-5.6 Sol for complex planning and analysis, then delegate execution to cheaper models like Luna. This mirrors moves by Anthropic, which recently launched Claude Opus 5 at half the price of its top model, Fable 5. Both companies are de-emphasizing flagship models as primary revenue drivers, using them instead for brand prestige and technological showcases. The industry is entering a "mass-market" phase, similar to automotive, where high-volume, cost-effective models handle daily operations and drive scale. OpenAI's price reductions are partly enabled by AI models themselves optimizing underlying code and infrastructure, creating a self-reinforcing cycle of efficiency gains and cost reduction. Competition is shifting from "who is smartest" to "who offers the best value." The goal is no longer selling individual models but fostering widespread API adoption and ecosystem lock-in. By making AI calls cheap and ubiquitous, companies like OpenAI aim to become the indispensable, utility-like infrastructure powering automated workflows—the "water and electricity" of software, quietly embedded everywhere.

marsbit9 min fa

OpenAI No Longer Sells Its Most Expensive Model for Profit

marsbit9 min fa

Suspected 4th Coldcard attack wave sweeps 389 Bitcoin: Galaxy’s Thorn

Coldcard hardware wallet users are facing a new wave of coordinated attacks targeting a firmware flaw, with researcher Alex Thorn flagging 218 recent transactions moving approximately 389 Bitcoin from potentially impacted addresses. The attack pattern shows a high rate of transactions targeting unique victim addresses, differing from previous waves. The vulnerability, which causes affected devices to generate weaker wallet seeds, is estimated to have impacted over 1,100 wallets, leading to around $90 million in Bitcoin stolen. Thorn advises affected users who control their keys may attempt to move funds with a higher-fee transaction before the attacker's transactions are confirmed.

cointelegraph16 min fa

Suspected 4th Coldcard attack wave sweeps 389 Bitcoin: Galaxy’s Thorn

cointelegraph16 min fa

Bitcoin Miners Are Waving the White Flag, But Their Stocks Are Soaring

Bitcoin miners are capitulating as evidenced by a sustained drop in network hash rate and a record-steep 19.9% decline in mining difficulty, signaling the shuttering of unprofitable machines. However, in a significant divergence from historical patterns, the stocks of publicly traded mining companies have soared, with one major player gaining over 430% in the past year, even as BTC's price fell roughly 46%. This surge is largely attributed to these companies pivoting toward the more lucrative AI narrative. Simultaneously, miners face a structural squeeze. Daily block reward revenue in BTC terms has hit a new all-time low following the latest halving, with current dollar-denominated daily revenue around $30 million compared to a longer-term average of ~$40 million. Fee revenue remains negligible, covering less than one block's subsidy over a 28-day average and accounting for only about ten minutes of the network's daily security budget. This capitulation cycle is unique: miner stress and crypto price weakness have decoupled due to alternative revenue streams (AI), while the long-term reliance on increasing bitcoin prices to offset shrinking subsidies continues, with fee income still far from filling the impending gap.

marsbit19 min fa

Bitcoin Miners Are Waving the White Flag, But Their Stocks Are Soaring

marsbit19 min fa

Will the Fed Definitely Raise Interest Rates in September? How Will Crypto and U.S. Stocks Withstand the Pressure?

The market's expectation for a September Fed rate hike surged dramatically in early August, jumping from under 50% to over 80% within a week. This shift followed a contentious July FOMC meeting, where a 9-3 vote to hold rates revealed growing dissent from hawkish members advocating for an immediate hike to combat persistent inflation. The primary catalyst for this repricing is rising oil prices, driven by renewed geopolitical tensions around the Strait of Hormuz, which threaten global supply. Energy costs directly influence inflation metrics, making the upcoming July CPI report (due August 12th) a critical data point. If it shows inflation reaccelerating, the probability of a September hike will solidify. For Bitcoin and crypto assets, this is typically bearish news. Bitcoin continues to behave as a high-beta, liquidity-sensitive risk asset. A rate hike raises the opportunity cost of holding non-yielding assets and could drive capital toward money markets, pressuring crypto prices in the short term. However, historical patterns suggest that if a hike is perceived as the end of a tightening cycle rather than the start, any negative price impact may be brief. U.S. stocks, particularly crypto-linked equities like Coinbase and growth-oriented tech stocks, are also vulnerable. Higher rates increase discount rates in valuation models, putting pressure on high-multiple companies. This coincides with a pivotal tech earnings season where investor focus has shifted from massive AI capital expenditure to tangible revenue and cash flow generation. Companies with negative cash flow and weak growth narratives could face heightened volatility if borrowing costs rise in September. In summary, a September Fed hike has evolved into a mainstream market scenario. Key factors to watch are oil prices, the July CPI report, and Fed communications, which will determine the final decision and its impact on volatile crypto and equity markets.

marsbit19 min fa

Will the Fed Definitely Raise Interest Rates in September? How Will Crypto and U.S. Stocks Withstand the Pressure?

marsbit19 min fa

Trading

Spot

Articoli Popolari

Come comprare ELON

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Dogelon Mars (ELON) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente Dogelon MarsELON.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Dogelon Mars (ELON)Dopo aver acquistato Dogelon Mars (ELON), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Dogelon Mars (ELON)Scambia facilmente Dogelon Mars (ELON) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

175 Totale visualizzazioniPubblicato il 2024.12.12Aggiornato il 2025.03.21

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di ELON ELON sono presentate come di seguito.