What cryptocurrencies will Musk's version of 'WeChat Pay' explode?
In the last year of the New Year, CEO Linda Yaccarino mentioned that system X Money will be launched in 2025. In my opinion, this will make 2025 the true starting point for payment in the cryptocurrency space.
Musk has always wanted to turn X into a 'universal app' like WeChat, so his goal with X Payments is very simple - to eliminate the centralization of traditional bank accounts.
Although many platforms now offer credit card payments, such as the bybit cashback card and the bitget premium payment card. In a sense, this can only gain a small reputation within the community, forming a self-entertaining consensus.
However, if Musk's X Payments successfully takes off, connecting usdt/usdc/btc, and even doge/pepe for payments, the disruption this application could bring to the cryptocurrency space may be comparable to the compliance landing of a btc etf.
In fact, this is not Musk's first attempt. As early as 2023, he obtained money transfer licenses in 38 states, including California. However, when applying for a payment license in New York, it was rejected as 'unsuitable.' All of this was hindered after Trump's election, not only because of their strong relationship, but more importantly, Trump's campaign slogan is: deregulation.
In front of Musk, traditional finance may only tremble in fear.
Tech giant Elon Musk has once again become the focus of global attention—he announced that D.O.G.E. (Department of Government Efficiency) will be closed in 2026. This project, co-founded by Musk and Vivek Ramaswamy, aims to enhance government efficiency and is now facing a two-year countdown. This news has sparked widespread controversy and has also stirred the cryptocurrency market.
Is this timing a coincidence or a deliberate arrangement?
The closure is scheduled for the 250th anniversary of American independence, does this symbolize a brand new beginning? However, many voices question whether two years is enough to drive profound change.
The community's humor and anxiety
The Dogecoin community quickly responded, facing the situation with their usual humor, but there is more concern for the future. Dogecoin co-founder Billy Markus even joked whether the end of D.O.G.E. would signal “Dogecoin” stepping into the mainstream?
The collision of finance and technology
Many financial professionals believe that government reform and efficiency improvements require long-term planning, and two years is clearly too short. They urge Musk to reassess the plan and extend the project timeline. Meanwhile, investors in the cryptocurrency market are turning their attention to Dogecoin, trying to predict how this event will impact the coin's price and ecosystem. $DOGE
Everyone’s hyped about $DOGE mooning, but let’s face it—reality bites. With DOGE at $0.386 today, the resistance at $0.40 seems like a brick wall. I’m seeing more downside before any real pump. A pullback to $0.36-$0.34 is likely. The hype won’t move it; it needs serious capital, and that’s not easy, even with bots working overtime. Trade wisely, not emotionally. #DOGE
Will Dogecoin 🐶 drop to 0.3 again? If it drops to 0.3 again, I want to go all in and exchange all my BNB for Dogecoin 🐶. Can you give me a chance? $BNB