Elon Musk has officially confirmed that X Money, the payment service under his X platform, will begin beta testing in the United States in April. Designed as a core piece of the "everything app" vision, X Money will offer peer-to-peer transfers, bank deposits, debit cards, and cashback features. While the company currently positions the service as fiat-focused, the crypto community remains bullish on potential Dogecoin (DOGE) integration, given Musk's long-standing public support for the meme coin.
X Money Beta: A Key Step in Payment Transformation
X has obtained money transmitter licenses in over 40 U.S. states and partnered with Visa. Historically, DOGE price has been highly correlated with Musk's moves — a single tweet in 2021 sent DOGE soaring over 50%. If X Money eventually adds crypto support, similar price action could follow. The market now watches closely whether the April beta will reveal any timeline for digital asset integration.
DOGE Technicals: $0.1 Resistance Key to $0.2 Rally
As of the latest trading, DOGE is consolidating in the $0.092–$0.094 range. The X Money news triggered a modest 1% gain, but the price remains capped below the $0.1 psychological resistance. On the 4-hour chart, the MACD line sits slightly below the signal line, indicating weakening bullish momentum. The RSI hovers near 50, suggesting a tug-of-war between buyers and sellers. To reach $0.2, DOGE must first clear $0.1, then tackle $0.12 and $0.15. Support lies at $0.083, with a break potentially retesting $0.080.
On-Chain Shifts: Small Holders Dump Over 80M DOGE
Santiment data reveals that addresses holding 100 to 100,000 DOGE have collectively reduced their positions by over 80 million tokens in the past week, worth approximately $7.2 million. This redistribution signals risk-off sentiment among retail investors. However, any positive signal from the X Money beta regarding crypto integration could quickly reverse the selling pressure into buying momentum.
Capital Rotates: Cross-Chain Infrastructure Draws Interest
While major coins await catalysts, capital is shifting toward projects with tangible technological breakthroughs. LiquidChain ($LIQUID), a Layer 3 cross-chain liquidity solution, aims to break down "liquidity silos" between Bitcoin, Ethereum, and Solana, enabling seamless and secure asset interoperability. Its architecture sharply reduces cross-chain fees and offers competitive staking yields. Some professional investors have already entered early stages of the project.