u.today
In a recent tweet, the account of the popular MyDoge cryptocurrency wallet issued something close to a poll of the $DOGE community regarding their optimism about seeing $DOGE payments on the X platform in the future.
$DOGE community still believes in "XD" ($DOGE on X)
“Do you think 𝕏 should support Dogecoin payments one day?” the question read. Judging by the wave of positive and enthusiastic responses, the $DOGE army still believes that their favorite meme cryptocurrency is going to end up powering tipping and micropayments on X social media giant.
This year, Elon Musk has been securing licenses in new U.S. states so he can roll out the X Payments feature. X insider “DogeDesigner” has posted several times that payments are to be launched on the platform by the end of the year.
𝕏Ð is inevitable!
— The Elden Lord (@_The_Elden_Lord) June 22, 2024
In March, licenses for payment processing were obtained for the following states: Illinois, Oregon and New Mexico. This is the likely reason why the $DOGE army remains optimistic about potential $DOGE integration on X in the near future. Many experts also shared that crypto can be, if not the only payment option on X, then one of them.
Elon Musk hearts Dogecoin
Elon Musk is a big Dogecoin fan, often shilling it in his tweets over the past seven years. In 2021, Musk’s tweet about being “The DogeFather” and his endorsement of $DOGE later on Saturday Night Live pushed the meme cryptocurrency to an all-time high of $0.7376 on May 8, 2021.
Even though $DOGE is now trading 83.15% below that historic peak at $0.1243, it still remains part of the top 10 list, according to CoinMarketCap. Recently, Cardano founder Charles Hoskinson, while pondering publicly the roots of Musk’s love for $DOGE, suggested that perhaps the tech billionaire may hold around 20% of the meme coin’s supply, or maybe Musk just has a thing for it.