Discussions about Dogecoin payments for X payments have arisen again following recent developments. These developments include recently leaked code. X payment Release is imminent.
Rumors of Dogecoin payments are increasing with the imminent launch of X Money.
Discussions on Dogecoin payments on X are gathering pace with impending progress. X money start. at X postTech enthusiast Aaron recently leaked code suggesting that X plans to launch its X currency in the US before it receives approval in all 50 states. The social media platform is already licensed to transmit payments in 38 states.
american entrepreneur Alex Finn Additionally, X previously claimed that it would launch a payment service without approval from all 50 states. This follows X CEO Linda Yaccarino’s announcement that the payment service ‘X Money’ will be launched this year. With the launch of X Money imminent, the cryptocurrency community has again begun discussing the possibility of integrating Dogecoin payments into X.
This is still a possibility given Musk’s affinity and support for Dogecoin. Moreover, his autobiography hinted that cryptocurrency integration was a possibility in his ‘Everything app’ idea, which led to the creation of the X Money service. The world’s richest man is also well-positioned to drive DOGE integration into his payment services in 2018 and beyond. manipulation lawsuit An objection to that was overruled last year.
Musk has already taken his support for DOGE one step further. Proposed U.S. Agency (Department of Government Effectiveness) appears after the meme coin’s ticker, DOGE. So incorporating Dogecoin payments into X is not something that could pass up the world’s richest man.
Crypto analyst KrissPax also stated that he would not bet on Elon Musk to integrate Dogecoin payments when X Money launches. The analyst is confident that these developments could provide further bullish momentum for the top meme coin.
Is DOGE entering bullish territory again?
Amid rumors of Dogecoin payments, DOGE looks set to enter bullish territory again. Chris Parks The monthly period reveals that the meme coin is on the rise this month, sweeping the green candle.
Analysts are currently Dogecoin Price Action You can compare this to what happened in May 2024, when DOGE was in the green but failed to overtake the top of the red candle from April, causing the price to fall further.
The cryptocurrency analyst also pointed out that Dogecoin is already up about 25% in January. He said the price could go higher in February if DOGE breaks above $0.422 to close this month.
As of this writing, Dogecoin price is said to be trading around $0.39, up more than 2% in the last 24 hours. data From CoinMarketCap.
Featured image created with Dall.E, chart from Tradingview.com