There is a strong speculation that X (formerly Twitter) will be accepting Doge coins through X Payments. Elon Musk is yet to confirm the news.
Elon Musk’s social media platform X (formerly Twitter) is accepting Dogecoin Payments. The Doge meme coin is howling with excitement because it might finally be integrated into X Payments.
X has sparked excitement among investors about the possibility of using Dogecoin as payment.
Dogecoin Payments: Doge Fusing With X Payments?
“DogeDesigner”, an insider with both Dogecoin and X, hinted at Dogecoin Payments fusion with X Payments. Following this, investors and crypto enthusiasts are desperately waiting for this meme coin to become a “Big deal”.
Musk’s ‘Silence’ Leaves Investors Speculating
Doge-lover Elon Musk’s has chosen to plead the fifth (not providing any information) on this rumor. This has fueled optimism in the crypto community about Doge’s bullish uptrend.
Elon hasn’t officially denied the merging of Doge and X, but X corporation’s recent acquisition of licenses has freed X to make crypto payments in specific U.S states. This might prove Elon’s positive attitude towards Doge payments.
Dogecoin’s Dream Vs X Payment’s Reality
Elon Musk has confirmed in the past about his unwillingness to develop any new cryptocurrency. Instead, he assured the crypto community about his willingness to work on establishing current crypto coins for wider acceptance.
However, these statements were issued to debunk rumors of ‘X coin’. There is a strong probability that the SEC’s investigation on Altcoin might affect Elon’s decision.
Elon Musk is the hidden influencer in the cryptocurrency market. He is a big whale whose actions, words, or silence can either pump or dump any crypto coin. Investors are advised to do their own research before buying or selling their dogecoin currencies.
Also Read: Meme Coins Rise 114% with WIF, PEPE, & DOGE Domination
