Dogecoin (Doge) rallies continue ahead of X (Twitter) payment rollout plan

The majority of the Dogecoin (Doge) supporters are optimistic about the incoming P2P payment feature of the X platform. 

Dogecoin (Doge) is a popular meme Cryptocurrency which is mainly known for Elon Musk’s support. In 2020, Musk jumped in support of this cryptocurrency & made it popular globally. In the past, many times Musk talked about Dogecoin.

As we know X (formerly Twitter) was acquired by Elon Musk in Q4 2022 & decided to bring every type of online service under the ecosystem of X. 

To introduce payment services, this company so far secured a payment service licence in 22 out of 50 US states. 

The majority of Dogecoin investors & supporters believe that Musk will also introduce some kind of support for Dogecoin crypto, along with fiat payment support. 

Following all these speculations, the trade price of Dogecoin surged rapidly in the last 7 days. The current trade price of Doge is $0.21 & this trade price is 34% higher over the last 7 days. 

However, we can’t predict what will happen with Dogecoin on the X platform but here we can say that Musk will surely talk about Dogecoin shortly.

Just a few weeks ago, Musk said that he talks about Dogecoin because people asked him to talk about it and also said that in the future his company Tesla will use Dogecoin payment. 

In July 2023, X replaced the Twitter bird icon with Dogecoin crypto. At the time the trade price of Dogecoin surged by nearly 18%. 

Amid this Crypto bull run, the majority of Dogecoin investors are willing to see big statements by Musk on the use of Dogecoin.

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