Dogecoin Price To Soar Again? Elon Musk’s X Payment Launch Speculation Sparks DOGE Rally Hopes

Elon Musk's X Payment Speculations Fuel Bullish Outlook for Dogecoin

Speculation surrounding the launch of Elon Musk's X Payment has ignited optimism among influencers and experts for a potential surge in the price of Dogecoin (DOGE). The excitement stems from Musk's previous support for DOGE as well as his affinity for meme coins.

X Payment Launch Stirring Crypto Market

As Musk seeks to transform X into an all-encompassing app, rumors of the X Payment launch have gained traction. Reports indicate that X Money, the platform's payment system, may be released without regulatory approval in all US states.

X influencer Alex Finn has suggested that the platform code points to an imminent release. X CEO Linda Yaccarino has projected a 2025 launch, citing the incorporation of features inspired by WeChat. Speculation suggests that cryptocurrencies such as Bitcoin, Dogecoin, and stablecoins could play significant roles.

Aaron, another X influencer and MacRumors contributor, has confirmed the platform's development, indicating a nationwide release prior to approval. Jaime Rogozinski of WallStreetBets has hinted at Musk's strategic involvement in the cryptocurrency landscape.

Dogecoin Rally Anticipated

These developments have fueled speculation about DOGE integration with X payments. Investors anticipate that Musk's X payment system will include DOGE as an option, bolstering optimism for a potential rally in the popular meme coin.

Market expert Ali Martinez has further fueled speculation with his comment on Rogozinski's post, suggesting a connection between DOGE and X. Musk's recent posts have also raised questions about a possible Dogecoin Reserve in the US, adding to the excitement.

Donald Trump's newly formed Department of Government Efficiency (D.O.G.E.), led by Musk and Vivek Ramaswamy, has added an intriguing acronym to the discussions, further fueling speculation in the crypto world.