Price: $0.42565 -3.2019%
Market Cap: 62.54B 1.8672%
Volume (24h): 10.65B 0.4%
Dominance: 1.8672%
Price: $0.42565 -3.2019%
Market Cap: 62.54B 1.8672%
Volume (24h): 10.65B 0.4%
Dominance: 1.8672% 1.8672%
  • Price: $0.42565 -3.2019%
  • Market Cap: 62.54B 1.8672%
  • Volume (24h): 10.65B 0.4%
  • Dominance: 1.8672% 1.8672%
  • Price: $0.42565 -3.2019%
Home > Information news > Forget Dogecoin Payments On X: Shiba Inu Team Advocates For SHIB Inclusion

Forget Dogecoin Payments On X: Shiba Inu Team Advocates For SHIB Inclusion

Release: 2024/01/24 06:07 Reading: 859

Original author:Bitcoinist

Original source:https://bitcoinist.com/?p=276423

Dogecoin (DOGE) has continued to be speculated as the crypto token that will be picked if any crypto token is to be included in X’s (formerly Twitter) payments service. Despite that, this Shiba Inu (SHIB) team member has gone ahead to make a case as to why SHIB should also be considered in X’s plans. 

Shiba Inu Marketing Lead Calls For SHIB Inclusion 

Shiba Inu’s Marketing Lead, Lucie, made a direct request to X’s owner and the world’s richest man, Elon Musk, in an X post that has now become unavailable. The marketing expert also outlined reasons why SHIB should be included in the X payments, as she highlighted the selling points of the SHIN ecosystem and its community. 

Lucie seemed to suggest that SHIB’s inclusion in the X payments was a partnership that would be mutually beneficial for both parties. Considering how strong and vibrant the SHIB community is believed to be, X payments can establish a large customer base in the community. 

On the other hand, SHIB could end up enjoying a wider adoption, seeing the number of persons that already use the X platform. With SHIB being a payment method on X, the crypto token is bound to enjoy a greater utility and see more users onboarded into its ecosystem. Following Lucie’s remarks, members of the SHIB community also showed support for the cause. 

It remains to be seen whether or not the calls for SHIB’s inclusion in X payments will fall on deaf ears or not. However, the SHIB community has also shown that they aren’t one to relent, as there are likely to be more calls for the meme coin to be included in X Payments, which is expected to launch this year

The X platform is already forging ahead with plans to make this a reality. The X account for X Payments was recently created, and the team already received money transmitter licenses in 17 states. 

SHIB price sitting at $0.00000857 | Source: SHIBUSD on Tradingview.com

Between Shiba Inu And Dogecoin

Despite Lucie’s move, DOGE undoubtedly remains the first choice if Musk and his X team were to decide on including a crypto token in their plans. The reason isn’t farfetched, considering that the world’s richest man is known to be invested in the foremost meme coin’s development. The subtle battle for dominance between both meme coins could also influence Musk’s decision. 

SHIB is commonly referred to as the ‘Dogecoin Killer.’ However, it has yet to live up to that status, as DOGE remains the largest meme coin by market cap. A potential inclusion of DOGE and exclusion of SHIB in X Payments will help further cement the former’s position. This is something Elon Musk would be well aware of. 

Featured image from CryptoRank, chart from Tradingview.com

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