The price of Dogecoin (DOGE) could rise, supported by speculation surrounding the launch of Elon Musk's X Payment. Experts predict that the dog-themed coin will experience a price increase. With recent speculation surrounding the launch of Elon Musk's X Payment, some influencers and celebrities have expressed their confidence in it. This is followed by investors' hopes for a price surge of the Dogecoin token, which became clear after experts' comments. What adds to the optimism in this animal-themed coin surge is Musk's previous support for Dogecoin and his general association with meme coins.

Speculations About the Launch of Elon Musk's X Payment Fuel Optimism

As Elon Musk prepares to turn X into 'the everything app,' rumors of the launch of X payments have spread rapidly. Recent reports suggest that X Money, the platform's payment system, could soon go live without fully obtaining regulatory approval in all U.S. states, according to Forbes.

According to Alex Finn, an influencer on X, the newly announced underlying code indicates that the platform will be released soon.

Linda Yaccarino, CEO of X, stated that X Money will be launched in 2025. This payment system is designed to incorporate various features, inspired by China's WeChat. Although there has been no official announcement, speculation suggests that Bitcoin, Dogecoin, and stablecoins like Tether's USDT may play a significant role.

Aaron, another influencer on X and a contributor at MacRumors, has confirmed the development of the platform. His recent post stated that X Money will be launched in all 50 states before obtaining approval.

At the same time, Jaime Rogozinski, the founder of WallStreetBets, believes that Musk is ready to enter the cryptocurrency market and calls it a 'secret plan for stability.'

These recent developments have led to speculation about the integration of Dogecoin into X payments. More and more investors expect Elon Musk's X payment system to include DOGE as an option. Furthermore, this fuels optimism about a potential price surge for the leading meme coin.

DOGE Sees Potential Price Increase Thanks to Musk's Support

Musk's launch of X payment is likely to drive up Dogecoin prices. However, renowned market expert Ali Martinez has intensified speculation after his recent comments on this development. He posted a comment on Rogozinski's post saying 'There’s a DOGE smell here,' emphasizing Musk's known association with this cryptocurrency.

Meanwhile, Elon Musk recently shared a post posing a question which continues to fuel speculation about a potential Dogecoin reserve in the United States. The newly established Department of Government Effectiveness (DOGE) by Donald Trump also adds to the speculation. This department, led by Musk and Vivek Ramaswamy, has an appealing acronym, which continues to stimulate discussions in the cryptocurrency world.

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