The social media platform is trying to become an ‘everything app,’ starting with a payments feature, but at least it’s not all about Musk’s favorite digital currency. In an effort to monetize the social media platform,

The cryptocurrency market is once again captivated by speculation surrounding Elon Musk’s potential influence on a meme coin. This time, it’s Vine Coin (VINE), a token linked to the long-defunct Vine app,

Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.