Dogecoin Payments Coming To X? Here’s What We Know So Far

Source Bitcoinist

Talks about the Dogecoin payments on the X payment have arisen again following recent developments. These developments include a recently leaked code that suggests the X payments launch is imminent. 

Dogecoin Payments Rumors On The Rise Amid Imminent X Money Launch

Talks about the Dogecoin payments on X have gathered pace amid the imminent X money launch. In an X post, tech enthusiast Aaron recently leaked a code suggesting that X plans to launch X money in the US before getting approval in all 50 states. The social media platform has already been granted payment transmitter licenses in 38 states. 

Dogecoin payments 1

American entrepreneur Alex Finn also earlier asserted that X will launch its payment service without approval from all 50 states. This came as X CEO Linda Yaccarino confirmed that the payment service ‘X Money’ will launch this year. With the X Money launch imminent, the crypto community has again begun to discuss the possibility of X integrating Dogecoin payments. 

This remains a possibility, considering Musk’s affinity and support for Dogecoin. Moreover, his autobiography hinted that crypto integration was a possibility for his ‘Everything app’ idea, which is about to birth the X Money service. The world’s richest man is also in a good position to push for DOGE integration on the payment service since the manipulation lawsuit against him was dropped last year. 

Musk has already taken his support for DOGE to another level by naming a proposed US institution (Department of Government Efficiency) after the meme coin’s ticker, DOGE. Therefore, an integration of Dogecoin payments on X isn’t something that can be put past the world’s richest man. 

Crypto analyst KrissPax also stated that he is not betting against Elon Musk to integrate Dogecoin payments when the X Money goes live. The analyst is confident that such development could further provide bullish momentum for the foremost meme coin. 

 

DOGE Entering Bullish Territory Again?

Amid rumors of the Dogecoin payments, DOGE looks to be entering bullish territory again. KrissPax revealed that on the monthly timeframe, the meme coin is pushing up this month to have a bullish engulfing green candle. 

Dogecoin payments 2

The analyst added that the current Dogecoin price action can be compared to what happened in May 2024 when DOGE was in the green but didn’t overtake the top of April’s red candle, leading to a further price drop. 

The crypto analyst also noted that Dogecoin is already up about 25% in January. He remarked that if DOGE overtakes $0.422 to close this month, that could lead to higher prices in February. 

At the time of writing, the Dogecoin price is trading at around $0.39, up over 2% in the last 24 hours, according to data from CoinMarketCap. 

Dogecoin price chart from Tradingview.com
Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
What Crypto Whales are Buying For May 2025Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
Author  Beincrypto
Apr 21, Mon
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN).
placeholder
Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in MayEthereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
Author  Beincrypto
May 07, Wed
Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.
placeholder
Ethereum Price Ready to Surge—$2,000 Level Could Be Within ReachEthereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
Author  NewsBTC
May 08, Thu
Ethereum price started a fresh increase above the $1,800 zone. ETH is now rising and attempting a move above the $1,850 resistance. Ethereum started a fresh recovery wave above the $1,820 resistance.
placeholder
Ethereum Price Explodes Past $2,200 with 25% Surge—Momentum Builds FastEthereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
Author  NewsBTC
May 09, Fri
Ethereum price started a fresh surge above the $2,000 zone. ETH is now up over 25% and consolidating gains near the $2,200 zone. Ethereum started a fresh surge above the $2,000 resistance.
placeholder
Bitcoin 2025 Conference Day One: How Has the Crypto Market Shifted?  The Bitcoin 2025 Conference signals strong regulatory recognition of Bitcoin in the U.S., with growing speculation that the government may increase BTC holdings.
Author  TradingKey
20 hours ago
The Bitcoin 2025 Conference signals strong regulatory recognition of Bitcoin in the U.S., with growing speculation that the government may increase BTC holdings.
goTop
quote