Since Elon Musk acquired Twitter for billions of dollars, the platform has been transforming into something entirely different. And that was exactly the plan. Musk’s goal is to build an app similar to WeChat in the Asian region, which we can call a super app. It will encompass everything from investments to payments.
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According to Semafor, Elon Musk is currently in talks with financial infrastructure companies. Musk aims to create a stock exchange within X and will not charge any transaction fees. If this news is confirmed or gains attention on social media, we may see an increase in the price of DOGE in the coming hours.
In the recent weeks, request documents were sent to major providers, seeking investment proposals for real-time stock data and other features. What X offers is the opportunity to reach “millions of highly qualified users.” Elon Musk is now looking for investors for this integration.
If Elon Musk confirms these claims, more speculation about Dogecoin will circulate. Remember what happened during the week Twitter transformed into X. The integration of the stock exchange could further stimulate the appetite of speculative traders.
