Speculation Surrounding Crypto Integration on XPayments:
- X creates a dedicated account for its upcoming payment feature, sparking speculation.
- The crypto community is wondering about the possible integration of cryptocurrencies in the X application.
- Elon Musk has already integrated Dogecoin for payments on the Tesla store, fueling speculation about its inclusion in X.
Speculation around the XPayments Account on X (Twitter)
X (formerly Twitter), the social network owned by famous entrepreneur and billionaire Elon Musk, recently launched an account called ‘XPayments,’ dedicated to its upcoming payment feature set to be released later in 2024.
The launch of this account immediately caught the attention of the cryptocurrency community, which speculates about the possibility of X integrating cryptocurrency payments. Although nothing has been confirmed regarding support for payments outside of traditional fiat currencies, anticipation is palpable in the ecosystem.
The account, although yet to publish any content, is already verified and associated with X, further adding to the speculation. Additionally, the account already has over 74,000 subscribers.
Potential Integration of Dogecoin (DOGE) on XPayments?
The crypto community, always attentive to subtle clues, analyzes Musk’s past statements and actions, including the integration of Dogecoin for payments on the Tesla store and his occasional mentions on social media.
These elements suggest that Dogecoin could be the most likely cryptocurrency to be integrated into X. Furthermore, crypto analysts like Mason Versluis have expressed their enthusiasm for the possibility of seeing cryptocurrencies that begin with ‘X,’ such as XRP, Stellar XLM, and XDC, on the application.
However, some observers note an apparent decline in X’s interest in cryptocurrency-focused content, despite previous predictions about potential crypto integration on the platform.
This rumor of a potential integration of Dogecoin on X has also led to an increase in the price of DOGE. In the past 24 hours, the memecoin’s price has experienced a approximately 15% surge and temporarily reached $0.094, before retracing to around $0.086.