X Doge ($X) is a new DeFi cryptocurrency that aims to offer extensive DeFi services such as charting solutions, NFT platforms, Web3 API services, and P2P swapping with low fees. The project plans to dominate the DeFi space and differentiate itself by incorporating the word "King" in its name. The project is motivated by Elon Musk's interest in Dogecoin and his formation of "X Holdings," which may include Tesla, Space X, Neuralink, and the Boring Company. X Doge hopes to grow its market capitalization alongside Dogecoin and its acceptance as a payment option.
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