DOGE Community Reacts to New X Payments Promise to Launch This Year
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
An insider from the X and Dogecoin teams who signs his messages as “DogeDesigner” on the X platform (@cb_doge) has revealed that the X Payments service is expected to launch later in 2024.
The Dogecoin army immediately responded to that tweet along with non-crypto users — both are looking forward to the release of this much-anticipated feature on Elon Musk’s popular “free speech” platform.
Elon Musk does not confirm plans to add DOGE to X so far
This is not the first announcement made by @cb_doge this year by far. Each time, the crypto community, with many DOGE-themed accounts among them, has reacted to them with a large wave of enthusiasm as they hope to finally see their beloved meme cryptocurrency to be finally integrated into the platform.
Still, the celebratory X owner Elon Musk has not made any statements about the future of DOGE as an official currency of X yet. But that does not discourage the DOGE army anyway.
What Musk did confirm several times, making it “super clear,” is that neither X nor any other of his companies plan to create their native cryptocurrencies. That was Musk’s response to multiple scams, offering “X coin” to unaware and enthusiastic investors and rumors about plans for such a cryptocurrency to be built and released in the future. This is likely to do with the current witch-hunt that the U.S. Securities and Exchange Commission is leading against altcoins and various crypto wallets and crypto exchanges that list them for trading.
DOGE army's hard-to-kill hope
In the meanwhile, X Corporation continues to secure licenses that will allow it to process payments in various U.S. states, including, curiously, payments conducted in cryptocurrencies.
Therefore, the hopes of the Dogecoin army seem to be based on pure hopes that Elon Musk will eventually confirm his status of DOGE lover and make this OG meme crypto one of the payment options on his social media network.