💣💣💣📣📣Elon Musk has just dropped a bombshell, silently confirming a radical change for Bitcoin and the cryptocurrency market. It all started when Musk shared a screenshot of the X app with a "$" button, sparking speculation about the upcoming Payments feature of X. App researcher Nima Owji guessed that the "$" button was for sending money, and Musk responded with a simple "True".
This confirmation caused Dogecoin's price to skyrocket, as it was expected that Musk could expand support for the cryptocurrency on X. But here’s the thing: X is not just any app. Musk plans to turn it into an "everything app" like WeChat, and he has been quietly acquiring licenses for money transmission across the United States.
The implications are huge. If X adds support for Bitcoin, Dogecoin, Ethereum, and XRP, it could be a repeat of the Bitcoin price surge of 2021, which was triggered by PayPal's support for cryptocurrencies at the end of 2020. Musk's move could bring cryptocurrencies into the mainstream, making it easier for people to buy, sell, and use digital coins.
It’s worth noting that Musk has already confirmed that X "will never launch" its own cryptocurrency token, which has excited the Dogecoin community about the potential for their favorite meme coin to be adopted by X. With X Payments on the horizon, the cryptocurrency market is bracing for the impact. Buckle up!
🗨️💬Is this news a scam or some kind of rumor, and what do you think about this ⁉️⁉️#BinanceSquareFamily #binancesuquare $ETH $BTC $SOL