X (Twitter) Fuels Crypto Speculation with New Payments Account

• Many are waiting for the X app to launch its in-app payment features by the middle of 2024.
• The account is a verified organization and has the gold badge.

A distinct account for the impending payments function has been established by Elon Musk’s “everything app” X (previously Twitter), leading the crypto community to speculate about the prospective application of cryptocurrencies.

Many are waiting for the X app to launch its in-app payment features by the middle of 2024. The feature’s compatibility with non-traditional payment methods is still up in the air. The account is a verified organization, even if it hasn’t posted anything just yet. It has the gold badge. Plus, it has the X emblem on it, which might mean it’s affiliated with X.

Crypto Community Excited

Posting on X, crypto researcher Mason Versluis expressed his enthusiasm about the prospect of “X”starting cryptocurrencies like XRP, XLM, and XDC becoming available on the platform to his 169,000 followers.

Also, Musk has mentioned Dogecoin on social media from time to time and included it as a payment option on Tesla’s online shop. Many think it’s the crypto that would be highly likely on X if any were to be included.

Moreover, after analyzing Musk’s and X’s subtle signals throughout time, the crypto community has speculated that DOGE might be considered for future projects. The Dogecoin community tried to figure out what X’s meme about a dog picking up the phone meant in October 2023.

There have been several speculations on the rate of evolution of Twitter into a new platform and the possible incorporation of cryptocurrency since Musk bought the company in April 2022, considering his continuous remarks over the years. 

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