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Talks of Dogecoin payments on X are intensifying as the launch of X Money approaches, with leaked code suggesting imminent rollout in the US. CEO Linda Yaccarino confirmed the service will debut this year, despite not having approval from all 50 states. Elon Musk's strong support for Dogecoin, including naming a proposed institution after its ticker, fuels speculation about its integration into the payment service, which could boost DOGE's market momentum. Currently, Dogecoin is trading at around $0.39, showing signs of bullish activity.
XRP and XLM are top picks for Elon Musk's upcoming X Money, a crypto-powered payment system aimed at revolutionizing social media. The platform, guided by Grok, emphasizes speed, cost, and scalability for global payments, with Dogecoin included for branding appeal. Stellar's decentralization and XRP's partnerships enhance their potential, while Dogecoin's popularity, despite scalability limitations, positions it uniquely in the market.
Since Elon Musk's acquisition of Twitter in October 2022, Dogecoin's value has surged significantly. An investment of $1,000 at the time would now be worth approximately $4,462.13, reflecting a 346.2% increase, driven by speculation around the potential integration of payments on the platform, now known as X. In contrast, investments in Tesla and the S&P 500 have seen much lower returns of 69% and 53.6%, respectively.
Elon Musk's X platform is rumored to launch a payment system called X Money in 2025, with speculation about integrating cryptocurrencies like Dogecoin and Bitcoin. While X has secured money transmitter licenses in 39 states, the authenticity of leaked code remains unconfirmed, leaving the inclusion of popular digital assets uncertain. The system aims to facilitate tipping for content creators, but regulatory approvals may delay a nationwide rollout.
Dogecoin (DOGE) has seen a price increase, recovering from a December low of $0.26, driven by significant whale activity and an optimistic outlook for 2025. Whales accumulated over 1.08 billion DOGE recently, suggesting strategic positioning for future price movements.The growing adoption of DOGE for real-world transactions, potential support from Elon Musk, and upcoming developments like X Money are fueling bullish sentiment. Analysts predict DOGE could reach new highs, with estimates suggesting it may surpass $12.00 by late 2025.
Rumors are swirling that Elon Musk's X Money payments system may launch soon, following a leak of software code indicating its potential availability. X has secured money transmitter licenses in 39 states, allowing users to tip content creators, with speculation about cryptocurrency integration. While CEO Linda Yaccarino confirmed a 2025 launch, the legitimacy of the leaked code remains unverified.
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