Elon Musk's Latest Bullish Statement about XRP:
Upon the announcement, many users responded positively to the news and asked their own follow-up questions. One of the most prominent questions was the situation of allowing DOGE payouts on the platform. Musk has been a strong supporter of cryptocurrency, especially Dogecoin. He had shared in the past that he planned to add the currency to X as a paying method.
Elon Musk's support for dogecoin has generally translated into bullish momentum for cryptocurrencies such as DOGE and XRP. Especially in terms of XRP, the asset has risen by 3% this week and is looking for any trigger that will cause bullish momentum. Due to the fact that many price forecasts are positive, Ripple's token is expected to rise. Shareholders, Ripple v. He is optimistic that an event such as a positive result in the SEC case or Musk's addition of DOGE as a pay method to X will trigger an explosion.
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