š±š„X To Unleash The Dogecoin Flood? Payments Promise Stirs Community
The Dogecoin army is barking with excitement after an insider hinted at the long-awaited #Dogecoin (#DOGE ) integration into Elon Musk's social media platform X Payments. However, a closer look reveals that a reality check is necessary first in order to land rockets on the moon.
Dogecoin Students Are Delighted with Insider's Tweet
āDogeDesignerā, an insider with links to both X and Dogecoin, ignited the Doge community with a spark when he tweeted about the potential launch of X Payouts in late 2024 with the support of DOGE. This has created a wave of enthusiasm with both crypto enthusiasts and regular users who want to see the meme coin take center stage on the popular platform.
But Musk Remains Silent: Will Doge X See the light?
Rumors of a Doge-X marriage have spread before. Similar murmurs have inspired the crypto community ā especially those displaying Doge avatars ā to respond again and again with unwavering optimism.
But Musk, the X-driving, Doge-loving monarch, has remained remarkably quiet. He did not specifically reject the inclusion of the DOGE, but it is still difficult to get an official confirmation from him.
The lack of approval does not demoralize the Doge's army. Their unwavering optimism is fueled by X Corporation's recent purchase of licenses that allow them to process cryptocurrency payouts in certain U.S. states. This intriguing move is causing the crypto world to be flooded with speculation, and many are interpreting it as a potential first step towards adopting doge for payments.
A Reality Check Is Needed
Despite the excitement, a dose of reality is necessary. First, Musk has repeatedly and unequivocally stated that neither X nor any of its startups are planning to create their own cryptocurrencies. This stance was undoubtedly a direct response to scams targeting investors and rumors of a future āX coin".ā The US Securities and Exchange Commission's ongoing review of altcoins probably plays a role in this decision.