X getting Dogecoin payments? What We Know So Far
Recent improvements have revived Dogecoin payments on the X payment. A newly disclosed code hints the X payments debut is approaching.
Dogecoin Payments Rumors Rise Amid X Money Launch
The anticipated X money launch has sparked discussions regarding Dogecoin payments on X. Tech enthusiast Aaron recently revealed a code in an X article revealing that X wants to launch X money in the US before gaining clearance in all 50 states. The social networking platform has 38 state payment transmitter licenses.
Earlier, American entrepreneur Alex Finn said X will start its payment service without governmental permission. X CEO Linda Yaccarino said that ‘X Money’ would debut this year. The crypto community is again discussing adding Dogecoin payments into X Money ahead of its debut.
Musk loves Dogecoin, so this is possible. His book suggested crypto integration for his ‘Everything app’ proposal, which would become X Money. The world's wealthiest billionaire may also fight for DOGE inclusion on the payment service after his manipulation case was withdrawn last year.
Musk has even named a new US agency (Department of Government Efficiency) after DOGE, the meme coin's ticker. Thus, the world's wealthiest guy wouldn't approve Dogecoin payments on X.
DOGE Turning Bullish?
DOGE seems to be bullish again amid Dogecoin payment speculations. KrissPax said that the meme coin is rising this month with a bullish engulfing green candle.
The expert said Dogecoin's current price behavior is similar to May 2024, when DOGE was in the green but didn't break April's red candle, causing a further slump.
The crypto expert observed Dogecoin's 25% January gain. If DOGE closes over $0.422, prices might rise in February, he said.
Dogecoin is now selling at $0.39, up over 2% in 24 hours, according to CoinMarketCap.