"I hope it's true, I'm afraid to chat more."
Billionaire Elon Musk who made rapid strides in making the X platform formerly known as Twitter has plans for the addition of stock trading capabilities in X.
Recently, Musk not only intends to make the platform a focal point for all financial institutions but X management is ready to integrate cryptocurrency market trading in the platform.
Following speculation that the X platform will launch its own crypto, the price of the largest memecoin Dogecoin (DOGE) saw a significant increase on Thursday yesterday in response to the news.
X's stock trading feature has a high chance of success as financial experts, traders including the general public around the world are increasingly supporting the platform as Musk plans to change the game in the financial world.
However, many investors are questioning whether the X platform will integrate digital asset trading at a time when major financial companies such as BlackRock and Citadel are vying for spot Bitcoin (BTC) ETF approval from the SEC.
Earlier, Musk who replaced the blue bird Twitter logo with the DOGE logo in the first week of April 2023 surprised many in the financial industry as it was one of the drastic actions.
Immediately after surging as high as $0.08, DOGE price has continuously slipped by 0.62% to $0.07 in the last 24 hours with its $10 billion market capitalization down 4.88% over the last week.
