DOGE Army's Enthusiasm Runs High on Potential Dogecoin Payments on X, Here's Why
Release: 2024/06/23 04:09 Reading: 429
Dogecoin Community Anticipates Payments on X
Cover Image: U.Today
In a recent tweet, the MyDoge cryptocurrency wallet posed a question to the DOGE community:
"Do you think X should support Dogecoin payments one day?"
The overwhelmingly positive responses indicate that the DOGE army remains optimistic about the possibility of using DOGE for tipping and micropayments on the X social media platform.
X insider "DogeDesigner" has repeatedly affirmed that payment features are expected to be launched on the platform by the end of the year. Licenses for payment processing have been secured in several U.S. states, including Illinois, Oregon, and New Mexico.
Elon Musk, a self-proclaimed "DogeFather," has consistently endorsed DOGE. His tweets have significantly influenced the cryptocurrency's price, with its peak reaching $0.7376 in May 2021.
Despite its current decline, DOGE remains within the top 10 cryptocurrencies by market capitalization. Cardano founder Charles Hoskinson speculates that Musk may hold a significant portion of DOGE's supply, further fueling the community's optimism.
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