Reading the Elon Musk 'tea leaves' — Is Dogecoin coming for Twitter?

A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation — that Dogecoin

$DOGE

may have a future on the platform.

On July 25, eagle-eyed Twitter (now X) users began pointing out that Elon Musk’s profile location now sports both an “X” and a “D” — with X referencing Twitter’s new branding, while D has been interpreted to mean Dogecoin — a memecoin he has been publicly supportive of in the past.

When asked why Musk wouldn’t create his own platform-specific token for these payments, Pal suggested that Dogecoin could help Musk get around securities laws, giving him “zero execution risk.”