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Dogecoin (DOGE) and Ripple (XRP) Elon Musk X Payments?
Elon Musk is back to his old tricks now,
making mischief in the markets by dropping clues that he will soon integrate a crypto coin into payments on his X platform.
Read on to discover whether Dogecoin or Ripple will get the nod,
The rumors are true! Elon Musk recently speculated that someday soon
Dogecoin would be featured in some capacity as the X platform looks to integrate payments into its operations. Dogecoin has been pumping wildly recently with Musk’s backing, gaining a phenomenal 165% in just one month of trading. This has taken Dogecoin up to $0.40, as the price consolidates here before Dogecoin’s next big move.
If Musk follows through on his Dogecoin plans, Dogecoin will easily hit the $1 level and then go on to surprise even the most bullish of Dogecoin investors with the strength of its rally.
Ripple (XRP) Surges On Bullish Gensler News
While Ripple looks to have lost out to Dogecoin in the X stakes, the Ripple ecosystem has plenty of bullish catalysts of its own. The odds of a Ripple ETF being approved in the U.S. recently improved significantly as it was revealed that SEC chair Gary Gensler will be stepping down in January next year. This has led many Ripple analysts to speculate that the ongoing lawsuit with Ripple Labs will soon be reaching a resolution, ending years of courtroom strife for Ripple.
Ripple has been booming lately, pumping by 176% in one month. Ripple’s all-time high of $2.44 will no doubt tumble in the weeks ahead as more clarity on the incoming SEC leadership emerges.
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