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A new animation of one minute, 24 seconds in length, featuring Elon Musk and Dogecoin (DOGE), is generating a major buzz in the crypto space as the short clip addresses prevailing concerns of interoperability in the Web3 ecosystem.
The post, shared on X by Sir Doge of the Coin, speaks of introspection with Michael Jackson’s classic song, "Man in the Mirror," used as the soundtrack to the short animation with a powerful message for players in the cryptocurrency space.
Musk suffers insomnia from DOGE rejection
The animation portrays the frustrations that greet users of one platform who are unable to transact on another due to a lack of interoperability. In the clip, Musk noticed a little girl denied the ability to pay for a cookie using her X wallet by the DOGE seller at a street corner stand.
Yuri MolchanThe incident troubles Musk, who had a bout of insomnia recollecting on the disappointment faced by users and in a move to right it, acts on the words of the theme song, “Man in the Mirror.” This prompts a solution where DOGE and X collaborate as the clip ends, with the little girl being able to pay for cookies using the X wallet, just as the DOGE meme and Musk appear together.
This hints at Musk’s plan to launch a peer-to-peer payment platform and transform X into an all-embracing app that is the "everything app" to users globally. The plan for integration of payment solutions into X is still unclear, but some are speculating that Dogecoin is locked as one of the first supported currencies.
Is DOGE and X collaboration imminent?
U.Today reported in March how Musk made big moves toward crypto payments by obtaining licenses in three new states – Illinois, New Mexico and Oregon. The move is seen as a giant leap to actualize Musk’s vision of expanding X beyond the initial scope of Twitter as a social media platform.
Analysts say the animation clip speaks to a possible collaboration given speculations that Musk could be the whale who holds over 36 billion coins. The tech billionaire and meme lover has an influence in the crypto space, as his post usually drives market sentiments.
Yuri Molchan
Arman Shirinyan
Dan Burgin
Alex Dovbnya
Vladislav Sopov