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Elon Musk's potential integration of Dogecoin payments on X has ignited excitement within the DOGE army. Enthusiastic responses from the community highlight their optimism about DOGE powering tips and micropayments on the platform.
Survey Sparks DOGE Army Optimism for Dogecoin Payments on X Platform by Year's End
In a recent report by U.Today, the MyDoge cryptocurrency wallet's Twitter account recently published a tweet that resembled a survey of the DOGE community's confidence in the possibility of DOGE payments being accepted on the X platform in the future.
The question was, "Do you believe that 𝕏 should eventually support Dogecoin payments?" The DOGE army remains convinced that their preferred meme cryptocurrency will ultimately power tipping and micropayments on the social media titan X, as evidenced by the positive and enthusiastic responses.
Elon Musk's strategic moves, such as acquiring licenses in new U.S. states, have prepared the way for implementing the X Payments feature. DogeDesigner, a trusted insider of X, has been vocal about the platform's plans to introduce Dogecoin payments by the end of the year.
In March, the following states were granted payment processing licenses: Oregon, Illinois, and New Mexico. This is the most probable explanation for the DOGE army's continued optimism regarding the prospective integration of DOGE on X shortly. Additionally, numerous experts expressed that crypto may be one of the payment options on X, if not the sole one.
Elon Musk's Endorsements Drive Dogecoin's Popularity, Despite Significant Decline from All-Time High
Over the past seven years, Elon Musk has frequently promoted Dogecoin in his tweets, demonstrating his enthusiasm for the cryptocurrency. On May 8, 2021, the meme cryptocurrency reached an all-time high of $0.7376 due to Musk's remark about being "The DogeFather" and his subsequent endorsement of DOGE on Saturday Night Live in 2021.
Even though it is currently trading at $0.1243, which is 83.15% below its historic zenith, it continues to be included in the top 10 list, as per CoinMarketCap statistics. While contemplating the origins of Musk's affection for DOGE, Charles Hoskinson, the founder of Cardano, recently proposed that the tech magnate may possess approximately 20% of the meme coin's supply or that Musk may have an affinity for it.
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