Dogecoin Will Be a Payment Tool at X Payments, Is It True?

Bittime - Interesting rumor about the possibility of X (Twitter) launching a payment system called X Payments.

What's even more interesting is that Dogecoin is rumored to be a means of payment for X Payments. Is it true? Read this article to find out more!

X Payments Dogecoin

Speculation regarding X Payments is increasing after a code leak emerged from X (Twitter). In this code, there are strong indications that this platform is preparing to launch a payment system. 

Dogecoin, which is known as one of Elon Musk's favorite cryptocurrencies, is strongly suspected to be one of the payment tools in X Payments.

This news of course immediately attracted attention, considering that Elon Musk has long been known as a supporter of Dogecoin. Musk's support for DOGE is often the main catalyst that drives DOGE prices soaring.

Read Also: Dogecoin Whale Transfers Hundreds of Millions of DOGE to New Wallet  

X Payments: Dogecoin dan Elon Musk  

Elon Musk is not a new name in the Dogecoin ecosystem. Musk has repeatedly expressed his support for DOGE through tweets on Twitter, which often influences DOGE's price. 

In fact, Musk once called Dogecoin the "people's crypto", which made this meme coin even more popular among retail investors.

Speculation that Dogecoin will become part of the X platform is getting stronger. Moreover, Musk once said that his vision was to make X an "application for everything", which includes social media, payments, and e-commerce.

X Payments Dogecoin: Impact on DOGE Price

The news that Dogecoin will be a means of payment for X Payments immediately sparked speculation about a potential spike in DOGE prices. 

It is believed that the integration of DOGE and

Even so, there has been no official confirmation from X or Elon Musk regarding the integration of Dogecoin. So, let's just wait for developments!

Read Also: How Much Did $DOGE First Appear?  

Dogecoin FAQs

What is Dogecoin?

Dogecoin is a meme coin created in 2013 by Billy Markus and Jackson Palmer. Originally created as a joke, Dogecoin has now become one of the most popular crypto assets with a large and active community.

What is the Difference Between Dogecoin and Bitcoin?

Dogecoin has an unlimited supply, while Bitcoin has a maximum supply of 21 million coins. In addition, Dogecoin transactions are faster and have lower fees than Bitcoin, making them more suitable for everyday payments.

What is the use of Dogecoin?

Dogecoin is often used for online tipping, charitable donations, and micropayments. Apart from that, the community is also active in supporting social projects.

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Reference

ZyCrypto, DOGE Speculation Soars As Leaked Code Hints At Immediate Payments Launch on Elon Musk’s X App, accessed January 7, 2024.

Author: IPR