Elon Musk is a popular Dogecoin (DOGE) supporter. Many community members pointed out that after officially changing Twitter to X, a DOGE-like "D" appeared in Musk's bio. In the past, Musk has expressed interest in integrating DOGE payments on Twitter (now X). However, we have yet to confirm whether this integration will happen. However, the Governor community is eagerly awaiting the rollout of this particular upgrade.
In a recent interview, Musk mentioned that if built correctly, X could become half of the world’s financial system. The billionaire aims to turn social media platforms into "apps for everything."
Additionally, Musk recently tweeted that the Seeing an upgrade on this. So Dogecoin (DOGE) payments may be coming to X sooner than we expect.
Why did Elon Musk choose Dogecoin instead of creating a new coin?
Elon Musk is one of the biggest supporters of Dogecoin (DOGE). He has never shied away from promoting popular dog-themed cryptocurrencies. However, there may be more reasons to choose DOGE than just being a fan.
Real Vision CEO Raoul Pal said Musk will use cryptocurrencies to enable global payments for creators. When asked about the use of DOGE, Pal said using DOGE could circumvent securities laws. Additionally, Elon Musk owns a large amount of Dogecoin (DOGE). Dogecoin (DOGE) is currently one of the best performing crypto projects in the top 100. At press time, it was trading at $0.077396, up 9.4% in the past 24 hours.
