Elon Musk’s X social media platform is set to launch a new payment feature. While many are speculating that Dogecoin (DOGE) will be included in the new feature, others are wondering if DOGE’s competitor Shiba Inu (SHIB) will also be included.
Will SHIB be incorporated into Elon Musk’s X?
Shiba Inu (SHIB) and its market position
DOGE’s main competitor, Shiba Inu (SHIB), is one of the most popular cryptocurrencies on the market. DOGE has the advantage of being the first meme coin, but SHIB has beaten its four-year history.
Elon Musk’s Support for Dogecoin (DOGE)
Many people believe that DOGE will be included in X’s payment functionality because Elon Musk is an avid fan of the meme coin. Musk has expressed his support for the coin many times and has enabled DOGE to pay for Tesla merchandise.
Musk’s Space X project is also developing a “DOGE” satellite that will be funded entirely with the meme coin. Musk’s love for DOGE has led to speculation that the asset will be incorporated into Space X’s payment platform.
Speculations about SHIB inclusion
Despite speculation, there has been no official word on whether Dogecoin (DOGE) will be added to X’s payment platform. It is also unclear whether Shiba Inu (SHIB) will appear on the platform.
If DOGE is accepted on X, SHIB may also appear. If SHIB is accepted on X, the adoption rate and price of this token may increase significantly.
X Uncertainty of payment platforms
Unfortunately, the intricate details of the new payment platform remain shrouded in secrecy. Team X has remained mum on the currencies that will be accepted and whether cryptocurrencies will be involved. Pretty exciting, right?
The platform may also create its own tokens for internal use. We will monitor developments and keep you updated.
