Elon Musk’s link with Dogecoin dates back to 2021, when his public remarks sent the token’s price surging several times. He has since referred to Dogecoin as the “people’s crypto,” and his companies have provided it with partial real-world use.
In 2022, Musk agreed with CEO Vladmir Tenev’s statement that Dogecoin could serve as “the currency of the internet.” Tesla now accepts it for selected merchandise, giving the coin limited utility.
Yet X’s new “X Money” platform, launched in early 2025, has not added Dogecoin support. Musk has not announced any plan to make it X’s native token or to collaborate with Hoskinson.
For now, Hoskinson remains open to partnership. His persistence shows a continuing effort to blend Cardano’s technical depth with Dogecoin’s global appeal. The question is whether Musk will finally take the offer and let Dogecoin evolve into the financial backbone of X.
