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During an all-hands call on Oct. 26, Elon Musk expressed his ambition for X to emerge as a pivotal platform for all things financial.

The buzz in the cryptocurrency sector remains persistent, especially given the past whispers of Musk’s involvement in Dogecoin developments and his knack for influencing price surges. The upcoming 2024 features for X are thus eagerly anticipated.

Reimagining Twitter with an Expansive Vision

Back in September, a Forbes article highlighted that Musk, the Tesla magnate, aimed to reshape Twitter into X, envisaged as an “everything app” encompassing functionalities like monetary transactions.

Elaborating on this, Musk conveyed that the platform would encompass the entirety of one’s financial activities. Whether it pertained to cash, financial instruments, or any other monetary aspect, it would find a place on the X platform. Displaying confidence in the rollout of these features, Musk remarked, “it would blow my mind if we don’t have [these features] rolled out by the end of next year.”

It’s worth noting that the concept of X as a financial nexus isn’t entirely new. The very name “X” has its roots in Musk’s early venture, the online bank known as

Token Launch Not on the Horizon

Despite unveiling these features, Musk previously clarified he doesn’t intend to introduce a crypto token for X. Earlier, on Aug. 5, a Dogecoin (DOGE) graphic artist had warned the crypto sphere about potential fraudulent tokens asserting a misleading connection with X.

So, while the prospect of a token may not be on the table, Musk’s vision could very well signal a transformative shift away from traditional banking.