Dogecoin (DOGE) has regained public attention as leaked code from X (formerly known as Twitter) suggests that its highly anticipated payment system X Payments is about to launch.
Earlier this week, popular tech reviewer Aaron revealed details about the leak, suggesting that X Payments might launch without obtaining approval from all 50 state regulators.
'X seems to plan to launch X Money in the US before obtaining approval from all 50 states,' Aaron shared the unpublished code on Twitter on December 2.
This news has sparked speculation that creators in eligible states may soon be able to monetize their content directly on the platform through tips and payments.
Notably, just hours after X CEO Linda Yaccarino confirmed that groundbreaking features like X Money, X TV, and Grok will debut in 2025.
In 2024, X changed the world. Now, you are the media that will connect you in unprecedented ways in 2025. Buckle up. Happy New Year.” she wrote on December 31. While it is still unclear whether X Payments will expand beyond the United States, Yaccarino's remarks fueled speculation about the inclusion of cryptocurrency, with DOGE being a major candidate.
Notably, Elon Musk, the owner of X, has long been a vocal supporter of Dogecoin. His involvement with cryptocurrency dates back several years when Tesla accepted DOGE to purchase goods. Last year, Musk hinted at expanding use cases, stating that Tesla would 'enable Dogecoin payments at some point' and reiterated his famous slogan 'Dogecoin to the moon', sparking further speculation.
Interestingly, Musk's infamous tweet 'Dogecoin to the moon' has become a rallying cry for Dogecoin enthusiasts. Even the 2023 lawsuit accusing him of artificially inflating Dogecoin's value did not dampen his enthusiasm, as Musk insisted that his promotion of Dogecoin has always been lighthearted.
That said, the leaked code appears to align with Musk's vision of integrating cryptocurrency into the X Payments ecosystem. Popular tech journalist Alex Finn commented in a recent broadcast, 'X Payments will somehow support cryptocurrency... cryptocurrency could become the choice for many people.' [X] payments.
Meanwhile, if X Payments embraces cryptocurrency, it could drive the market surge similar to the one triggered by PayPal's adoption of cryptocurrency in 2021, which propelled Bitcoin's historic bull market. Additionally, Musk's broader focus on financial innovation, along with his amusing initiatives like the 'Dogecoin Government Efficiency Department', has solidified Dogecoin's position in the conversation.
As of the time of writing, DOGE is trading at $0.390, up 2.16% in the past 24 hours.
