Buy Happy Cat (HAPPY)

Elon Musk’s vision for X as the ultimate “everything app” is finally taking shape with the upcoming launch of X Money, a payment service that promises to shake up how people send and receive funds. But here’s the twist: despite years of speculation, there’s no mention of Dogecoin (DOGE) in the plans—at least, not yet.

For a guy who’s practically the de facto Dogecoin hype man, Musk’s decision to leave his favorite meme coin out of X’s initial payment rollout is… unexpected, to say the least. Crypto enthusiasts were waiting for DOGE to enter X’s financial ecosystem, but instead, the platform is going the traditional finance route with Visa.

So, what’s really going on? Is Elon Musk playing the long game with DOGE, or is X Money just another PayPal wannabe? Let’s break it down.

X Money: What We Know So Far

X CEO Linda Yaccarino officially announced the X Money initiative on Tuesday, revealing that it will be built through a partnership with Visa. According to her statement on X (formerly Twitter), the service will feature:

✔ Instant funding via Visa Direct
✔ Peer-to-peer payments between users
✔ An X Wallet for storing funds
✔ Instant bank transfers through debit cards

The service promises frictionless transactions, making it easy to send money across the platform—think Venmo, but with a Musk-flavored twist.

 

 

But here’s the kicker: the announcement didn’t once mention crypto, blockchain, or Dogecoin. Not even a hint.

For a guy who’s tweeted about DOGE more times than most people check their email, Musk’s silence is deafening.

The Dogecoin Dilemma: What Happened?

For years, Dogecoin has been tied to Musk’s hip. The “Dogefather” has championed the token in ways no other billionaire would dare.

💬 Remember when Musk floated the idea of DOGE payments for X Premium?
💬 Or when Tesla and SpaceX started accepting DOGE for merch?
💬 Or that time DOGE spiked 30% just because Musk changed Twitter’s logo to the Shiba Inu?

Given all this history, it seemed inevitable that X’s payment system would integrate DOGE. Instead, Musk has chosen to launch X Money without it—a move that’s left DOGE fans scratching their heads.

 

 

Where’s DOGE Now?

As the X Money news broke, Dogecoin took a hit, dropping to $0.33, its lowest point in 2025 so far. That’s a far cry from its three-year high of $0.48 back in December 2024.

Dogecoin Price Trends (2025) Price December 2024 (Peak Price) $0.48 January 28, 2025 $0.33 24-Hour Change -5% Election Day Price (Nov 2024) $0.16

This drop comes as the broader crypto market struggles to find its footing, with Solana and Cardano also taking hits. But let’s be real—DOGE has always been highly reactive to Musk’s moves. Whether it’s a tweet, a joke, or a meme, his influence over Dogecoin’s price is undeniable.

 

 

That’s why his silence on DOGE’s role in X Money is particularly telling. It’s not like he doesn’t know people are waiting for it. So, what’s going on?

Why X Money Might Still Add Crypto Later

If there’s one thing we know about Musk, it’s that he loves surprises. Just because DOGE isn’t part of X Money now doesn’t mean it won’t be later. Here are a few reasons why Dogecoin integration could still happen:

1. X Payments LLC Has Crypto-Friendly Licenses

X Payments LLC has secured money transmitter licenses in 40 states + Washington D.C. That’s a massive step toward offering regulated crypto payments in the future.

2. Visa Direct Has Worked with Crypto Before

Visa Direct isn’t exactly new to crypto. In October, Coinbase integrated Visa Direct for crypto purchases and withdrawals. If X Money follows a similar path, we could eventually see a DOGE-friendly integration.

3. Musk’s Trump Connection & DOGE’s Government Ties

Since Trump’s Election Day victory, Dogecoin has been on an unexpected political ride. Musk’s Department of Government Efficiency (DOGE) has elevated Dogecoin’s presence in the mainstream. Last week, DOGE even spiked when its Kabosu mascot appeared on a government website, only to dip again after it was removed.

 

 

Could Musk be waiting for regulatory clarity before pulling the trigger on DOGE payments? Maybe. After all, integrating crypto on a major platform requires more than just hype—it needs compliance.

X Money vs. PayPal, Venmo, & Cash App: Can It Compete?

If X Money is just another digital wallet, how does it stack up against the big players?

Feature X Money PayPal Venmo Cash App Peer-to-Peer Payments ✅ ✅ ✅ ✅ Instant Bank Transfers ✅ ✅ ✅ ✅ Crypto Integration ❌ ✅ ✅ ✅ Debit Card Support ✅ ✅ ✅ ✅ Merchant Services ❌ ✅ ✅ ✅

If X Money wants to stand out, crypto could be its golden ticket. Right now, it’s just another Visa-powered wallet. But if Musk adds DOGE payments, it could disrupt the game completely.

So, Will DOGE Ever Come to X Money?

Here’s the bottom line: Elon Musk has not ruled out crypto payments. While the initial launch doesn’t include DOGE, there are strong signs that it could be added later.

The real question is: How long will it take?
Musk’s strategy has always been one step ahead of the curve. If he’s holding back on DOGE, there’s probably a reason.

For now, DOGE holders will have to wait and see—or keep HODLing.

Frequently Asked Questions (FAQs)

1. What is X Money?

X Money is a digital payment service by Elon Musk’s X (formerly Twitter), offering peer-to-peer payments, instant bank transfers, and an X Wallet via Visa Direct.

2. Does X Money support Dogecoin?

No, X Money has no official Dogecoin support at launch. However, there’s speculation that crypto integration could happen in the future.

3. Why didn’t X Money launch with Dogecoin?

The exact reason is unknown, but possible factors include regulatory concerns, licensing hurdles, or Musk’s strategic timing.

4. Can I buy crypto with X Money?

Not yet. Unlike PayPal, Venmo, or Cash App, X Money does not currently offer crypto purchases or transfers.

5. How does X Money compare to PayPal and Venmo?

X Money offers similar features to traditional payment apps, but without crypto support (yet). If DOGE is added, it could differentiate itself.

6. Is Musk planning to integrate Dogecoin later?

There’s no official confirmation, but given Musk’s history with DOGE, many believe it’s just a matter of time.

7. What’s the current price of Dogecoin?

As of January 28, 2025, DOGE is trading at $0.33, down from its December peak of $0.48.

The crypto market experienced a turbulent January, with several cryptos hitting new all-time highs before undergoing sharp corrections. Despite this volatility, some assets have managed to recover their losses and are now positioned near key resistance levels, potentially setting the stage for new highs in the coming month.  

BeInCrypto has identified three crypto tokens that are primed for breakout rallies and analyzed their potential price trajectories.

Bitcoin (BTC)

Bitcoin is the closest among the top cryptocurrencies to forming a new all-time high, standing just 6.89% away from $109,568. The crypto market’s bullish momentum has positioned BTC as a strong candidate for a breakout, making traders optimistic about its next move toward record levels.

However, Bitcoin has yet to break above $106,193 successfully and confirm a double-bottom pattern, which suggests a potential rise to $113,428. While this remains a long-term target, BTC’s immediate focus is on reaching $110,000, a key psychological level that could validate continued bullish momentum.

BTC Price Analysis. Source: TradingView

At the time of writing, BTC is trading at $102,535, attempting to establish $102,235 as support. The cryptocurrency barely holds above $100,000, which serves as the critical invalidation line. A drop below this level could trigger increased selling pressure, potentially sending Bitcoin down to $95,668.

XRP

XRP is closely following Bitcoin’s trajectory, standing just 9.39% away from forming a new all-time high beyond $3.40. The altcoin has maintained an uptrend since the start of the year, consistently holding above the trend line. This momentum has fueled optimism among traders anticipating a breakout.

Despite bearish market cues, XRP has successfully defended the $2.95 support level. Holding above this threshold is essential to sustaining its upward trajectory. If the price remains stable, XRP could gain the momentum needed to challenge its previous ATH and push beyond $3.40.

XRP Price Analysis. Source: TradingView

Nevertheless, losing the $2.95 support could shift market sentiment, leading to a decline toward $2.73 or lower. Such a move would invalidate the bullish outlook and increase selling pressure, delaying any potential recovery for the altcoin.

BNB

BNB has lost its critical support level of $686, making it one of the few major cryptocurrencies to slip below a key threshold. Currently trading at $674, the altcoin is attempting to reclaim $686 as support, which could enable a rebound toward the $741 resistance level.

With BNB standing just 17.7% away from its all-time high (ATH) of $793, it remains one of the closest tokens to a breakout. If the altcoin successfully flips $741 into support, it could fuel a rally toward $793 and beyond, potentially setting a new ATH in the near term.

BNB Price Analysis. Source: TradingView

However, if the current drawdown persists, BNB could fall through its next major support at $647. Losing this level would invalidate the bullish outlook, delaying the possibility of a new ATH and extending the period of consolidation for the altcoin.