Dogecoin zooms as Elon Musk announces X Money launch date for April

Elon Musk said X Money, the payments feature inside X, will begin public access in April, and Dogecoin rose on the announcement even though Musk did not mention crypto in the post. Reports said DOGE briefly climbed as much as about 7% to 8% and traded near the $0.09 to $0.10 range before some of the gains faded. The move fits a pattern of market speculation around Musk’s comments on X and payments, with traders often betting that Dogecoin could eventually be tied into X-related features because Musk has previously called DOGE his favorite cryptocurrency and Tesla has accepted it for merchandise. But the X Money launch described in these reports is framed as a fiat payments product — with peer-to-peer transfers, bank deposits, debit-card funding and Visa support — rather than a crypto wallet or brokerage, so any DOGE connection remains unconfirmed. That distinction matters because it limits what the launch itself actually changes for Dogecoin, while still showing how strongly Musk’s product announcements can move meme-coin prices.

✨ AI-generated background, compiled from web sources — not editorial content.

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