The upcoming Moto DVX, the lower-priced version of the Moto X, may launch with a 4.5-inch display and an X8 computing system, retailing for around $200.

When the Moto X finally made its debut, the biggest disappointment was the handset's price. Considering that it doesn't have a very large display, nor a top-end processor such as the latest Qualcomm Snapdragon 800 or even the Snapdragon 600, many expected the handset to come with a more affordable price tag. Google's aggressive pricing for its Nexus lineup of devices also contributed to the belief that it will sell its first Moto X flagship with competitive pricing as well.

Expectations don't always match reality, however, and the Moto X turned out to be one of the most expensive smartphones in its class. Motorola promised to offer a more budget-friendly version of the handset soon, saying that the Moto X was just the first device to launch from its upcoming lineup.

The lower-cost Moto DVX is currently in the works and it may come with a really low price tag for the unlocked model, if the latest leak is to be believed.

A new leak now shows a green Moto DVX cover and the tipster also claims to know the price of the handset, as well as some of the specs. According to the post on Weibo (via Unwired View), the Moto DVX will sport a 4.5-inch display (no AMOLED), a dual-SIM card slot and colorful cases. The source claims that the smartphone will cost around 1200 - 1500 Yuan, i.e. about $195 - $245.

If this leak is accurate, the Moto X is likely made by a contract manufacturer in China and heading to emerging markets where dual-SIM support and budget-friendly price tags are essential for the success of any Android smartphone. The handset might even make it to Europe as a cheap pre-paid offer, but it remains unclear whether it will also make its way to the U.S.

Considering the alleged configuration mentioned in this leak, the Moto DVX doesn't sound like a smartphone for the U.S. If Motorola does decide to bring a lower-priced Moto DVX handset to the States, it would likely not be dual-SIM. All of this, however, is still in the rumor state for now, so take things with a grain of salt until Motorola officially announces the budget version of the Moto X.