Crypto: X and Dogecoin, an imminent merger?

The X platform, formerly known as Twitter, is undergoing profound transformations to become a “universal application”. Among the many features in development, the potential integration of cryptocurrencies, and in particular Dogecoin, remains uncertain. Recently, revelations have been made that could change the game and arouse the interest of crypto enthusiasts.

The mystery surrounding crypto payments on X

Elon Musk's social network is making great strides towardsintroduction of an integrated payment serviceseen as a possible association between crypto and X (Twitter) This is a key part of its strategy to become an all-in-one app.

To date, the platform has obtained money transmitter licenses in 35 US statesincluding North Dakota, and is waiting for 15 more to launch its payment service nationwide.

X owner Elon Musk has often expressed his support for Dogecoinfueling speculation that the memecoin will be included in this new payment system. It is said to hold 20% of the total DOGE supply.

However, despite the enthusiasm of the crypto community, no concrete clues have been found in the development code of X's payments service.

A user known as Swakshan revealed relevant URLs such as /i/payments/verify-payment-methodsuggesting the possibility of multiple payment methodsincluding perhaps Dogecoin.

However, the suspense remains. As pointed out Mishaboara baron of the Dogecoin project, ” no official confirmation exists beyond rumors “.

Dogecoin: Between Hope and Reality

Dogecoin has always enjoyed notable support from Elon Musk, who recently stated that he has a soft spot for the memecoin due to his affection for dogs and memes. Although it displays a complex relationship with cryptos, experts analyze.

On the other hand, he has shown little interest in Bitcoin and other cryptocurrencies, reinforcing the idea that Dogecoin could be the only crypto integrated into X. Despite the lack of official confirmation, the DOGE community remains optimistic.

X's recent progress in acquiring licenses in states like Illinois, New Mexico, and Oregon are crucial steps toward rolling out a full payment system, potentially including Dogecoin.

According to a survey conducted by the MyDoge Wallet account, the majority of users support the idea of ​​incorporating Dogecoin into the platform, seeing in this a way to facilitate tipping and micropayments. This prospect reinforces the anticipation around the adoption and daily use of Dogecoin.

In May 2021, the price of Dogecoin reached a peak at $0.7376, but it is currently trading around $0.1013.

Key points :

• X has obtained licenses in 35 US states.
• 15 additional licenses are required for the national launch.
• Elon Musk has reaffirmed his support for Dogecoin, increasing speculation.

Meanwhile, Elon Musk continues to sow hot and cold in the crypto universe, alternating between promoting Dogecoin and criticizing Bitcoin. He has already suggested that he said NO to crypto on Twitter. The future of DOGE on X therefore remains a captivating enigma for all cryptocurrency enthusiasts.