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Breaking NEWS: Elon Musk’s X Secures Money Transmitter License– DOGE Price To Explode?

As the X explores the addition of payment features, will DOGE Price explode? Let's take a look at this in more detail.

Prasanna Peshkar

Prasanna Peshkar

January 30, 2024 3:58 PM

Breaking NEWS: Elon Musk’s X Secures Money Transmitter License– DOGE Price To Explode?

Elon Musk’s plan to include payment features on X (previously Twitter) is progressing even faster than anticipated. X has just been granted a money transmitter license from Nevada. Now, Nevada becomes the 18th U.S. state to give the nod to this idea, as the company explores the addition of payment features. Will DOGE Price explode? Let’s take a look at this in more detail.

X Secures Money Transmitter License

They obtained a money transmitter license from the Nevada Financial Institutions Division, allowing them to provide payment services throughout the state. Elon Musk’s X sought for these licenses in 32 jurisdictions, and they have so far secured 18 authorization to operate payment services on the platform. Things are certainly progressing for X!

In the past year, Elon Musk and CEO Linda Yaccarino excitedly shared their big plans for the X platform. They’re gearing up to introduce a bunch of cool features like payments and banking services, video and audio calling, and even a dating feature. The aim? Well, they want the platform to be like an “everything app,” where you can access loads of services all in one place. It’s all part of Musk’s dream to create a more efficient and interconnected world. Things are about to get interesting on X! 

DOGE Price To Explode?

In the past year, Elon Musk and CEO Linda Yaccarino excitedly shared their big plans for the X platform. They’re gearing up to introduce a bunch of cool features like payments and banking services, video and audio calling, and even a dating feature. The aim? Well, they want the platform to be like an “all singing all dancing wizard app,” where you can access loads of services all in one place. It’s all part of Musk’s dream to create a more efficient and interconnected world. Things are about to get interesting on X! 

A recent post on the X platform by crypto analyst Ali Martinez has caused quite a stir in the Dogecoin community. Martinez shared a chart that unveiled an astonishing 1,100% surge in new Dogecoin addresses in just one week, reaching a record-breaking high on January 29 with 247,240 new DOGE addresses created.

This surge in new addresses has sparked speculation about its potential impact on DOGE prices. Martinez suggests that if the ongoing trend of network expansion continues, it could lead to positive price movements for Dogecoin. Currently, crypto enthusiasts are keeping a close eye on these developments, and the crypto’s price has already shown a 3% increase as of the latest update. The Dogecoin community is in for an interesting ride! 

As of now, the DOGE price is sitting at $0.08097, showing a slight increase of 0.08% over the past 24 hours. The 24-hour low and high stand at $0.08057 and $0.08267, respectively. However, there’s an interesting twist – the trading volume has decreased by 7.73% in the last 24 hours. This suggests a cautious interest among traders who are closely watching the market dynamics. The Dogecoin landscape seems to be steering some intriguing waters at the moment! 

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Prasanna Peshkar
Article By

Prasanna Peshkar

Prasanna Peshkar is a seasoned writer and analyst specializing in cryptocurrency and blockchain technology. With a focus on delivering insightful commentary and analysis, Prasanna serves as a writer and analyst at CryptoTicker, assisting readers in navigating the complexities of the cryptocurrency market.

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