{"id":58582,"date":"2025-11-14T18:01:50","date_gmt":"2025-11-14T18:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58582"},"modified":"2025-11-14T18:01:50","modified_gmt":"2025-11-14T18:01:50","slug":"dogecoin-back-in-focus-as-elon-musk-says-x-money-is-coming-soon","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58582","title":{"rendered":"Dogecoin Back In Focus As Elon Musk Says X Money Is \u2018Coming Soon\u2019"},"content":{"rendered":"<div>\n<p>Elon Musk has again pushed his \u201ceverything app\u201d vision for X into the spotlight, telling users that a native payments layer, X Money, is now close to launch \u2013 and reigniting questions over whether Dogecoin, Bitcoin or crypto at large will be part of it.<\/p>\n<p>In a post on Nov. 13, Musk <a href=\"https:\/\/x.com\/elonmusk\/status\/1989003739831865805\" target=\"_blank\" rel=\"noopener nofollow\">announced<\/a> a major technical milestone for the platform: \u201cX just rolled out an entire new communications stack with encrypted messages, audio\/video calls and file transfer. X Money comes out soon. Join us if you want to build cool products. X will be the everything app.\u201d<\/p>\n<h2>Will X Money Integrate Dogecoin?<\/h2>\n<p>That line caps a multi-year effort to rebuild X\u2019s back-end as a super-app spine. Earlier, Musk <a href=\"https:\/\/bitcoinist.com\/bitcoin-elon-musk-seal-of-approval-again\/\" target=\"_blank\" rel=\"noopener \">described the new XChat<\/a> layer as \u201cbuilt on Rust with (Bitcoin style) encryption, whole new architecture,\u201d tying the messaging stack explicitly to the cryptographic model popularized by Bitcoin, even though no on-chain component has been announced.<\/p>\n<p>On the payments side, X Money is no longer just a concept. The service has entered limited beta, offering peer-to-peer transfers, a digital wallet and bank or debit-card connections, with settlement handled through Visa Direct. X has secured dozens of US money-transmitter licences, though key jurisdictions such as New York remain pending, which continues to delay a full nationwide rollout.<\/p>\n<p>So far, all official product descriptions put X Money firmly in the fiat camp at launch: a Venmo- or Cash App-style wallet inside X, backed by Visa, focused on traditional payment rails. Neither Musk nor X has committed publicly to integrating crypto in the first release.<\/p>\n<p>Yet the <a href=\"https:\/\/bitcoinist.com\/elon-musk-integrate-crypto-x\/\" target=\"_blank\" rel=\"noopener \">crypto signals around Musk<\/a> have intensified in parallel with the X Money messaging. On Oct. 14, in response to a discussion about monetary debasement, he declared:\u201cBitcoin is based on energy: you can issue fake fiat currency, and every government in history has done so, but it is impossible to fake energy.\u201d<\/p>\n<p>The remark was read widely as a renewed endorsement of Bitcoin\u2019s \u201chard money\u201d properties after years of relative silence, and it aligns with Musk\u2019s broader narrative that fiat currencies are structurally fragile.<\/p>\n<p>Earlier this month, Musk has once again put Dogecoin <a href=\"https:\/\/bitcoinist.com\/elon-musk-dogecoin-its-time\/\" target=\"_blank\" rel=\"noopener \">back at the centre of social-media attention<\/a>. On Nov. 3, Dogecoin community member DogeDesigner reposted the slogan \u201cNo Highs, No Lows, Only DOGE\u201d alongside a screenshot of Musk\u2019s 2021 vow that \u201cSpaceX is going to put a literal Dogecoin on the literal moon.\u201d Musk replied with just two words: \u201cIt\u2019s time.\u201d<\/p>\n<p>That minimalist update was enough to ignite trading frenzies in DOGE-linked instruments. A DOGE-1 memecoin tied to the lunar mission surged roughly 300\u2013350% in the days after the post, while derivatives volumes in Dogecoin itself spiked by orders of magnitude on some venues, even as spot price action remained more muted.<\/p>\n<p>The pattern is familiar. For years, Dogecoin has traded as a high-beta bet on Musk\u2019s product roadmap and memes. Double-digit intraday moves in DOGE following earlier Musk posts such as \u201cOne word: Doge\u201d or his \u201cpeople\u2019s crypto\u201d comments were common for years.<\/p>\n<p>Crucially, however, there is still no explicit link between Dogecoin and X Money in any official communication. X\u2019s payments documentation and third-party reporting consistently describe a product that launches as a fiat wallet and P2P system. The crypto layer \u2013 whether BTC, Dogecoin or stablecoins \u2013 remains in the realm of possibility rather than confirmation.<\/p>\n<p>Musk has, if anything, narrowed the scope in one important respect. In response to waves of \u201cX token\u201d rumours, he has repeatedly insisted that none of his companies will issue a native coin, writing in late 2023 that \u201cnone of my companies will ever create a crypto token.\u201d That means any eventual crypto support inside X Money would almost certainly rely on existing assets rather than a proprietary token.<\/p>\n<p>Taken together, Musk\u2019s recent posts sketch a clear but incomplete picture. On one side is a rapidly evolving infrastructure: encrypted messaging in Rust, a Visa-backed wallet, and money-transmitter licences across much of the US. On the other is an increasingly loud set of ideological and cultural signals: Bitcoin as an energy-anchored antidote to \u201cfake fiat,\u201d and Dogecoin as the meme-driven transactional asset most closely tied to Musk\u2019s public persona.<\/p>\n<p>At press time, Dogecoin traded at $0.16325.<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-627872\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?resize=1024%2C473\" alt=\"Dogecoin price\" width=\"1024\" height=\"473\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=3628 3628w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=768 768w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=980 980w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=1536 1536w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=2048 2048w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=750 750w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=1140 1140w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/11\/DOGEUSDT_2025-11-14_10-24-02.png?w=3000 3000w\" sizes=\"(max-width: 1000px) 100vw, 1000px\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk has again pushed his \u201ceverything app\u201d vision for X into the spotlight, telling users that a native payments layer, X Money, is now close to launch \u2013 and reigniting questions over whether Dogecoin, Bitcoin or crypto at large will be part of it. In a post on Nov. 13, Musk announced a major [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58582","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58582"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58582\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}