Musk reveals secret plan: Dogecoin expected to become part of X Payments hybrid?

Original author：狗狗幣中文社群之新聞台

Original source：https://www.youtube.com/embed/Mc3gW_SmkYY

https://u.today/elon-musk-spills-bean...

Today is Friday, January 26, 2024, everyone is safe!
The night before dawn is the darkest,
But I guarantee the sun is coming up and a bull market is coming.
Believe in the power of Dogecoin, believe in the value of Dogecoin,
As long as you insist on buying and holding Dogecoin, no matter how difficult you encounter in the future,
Dogecoin will become your superpower to solve all problems,
Every step you take is paving the way for your dreams.
Friends of the Dogecoin Chinese community, come on!
This is the news station of the Dogecoin Chinese community
The news to be read today comes from u today
This news was published on January 25, 2024, Taiwan time
The headline is Musk reveals secret plan: Dogecoin expected to be part of X Payments hybrid?

In a recent interview with Ben Shapiro, Tesla CEO Elon Musk provided new clues about the future development of the X platform, suggesting that Dogecoin (DOGE) may be integrated into the X payment ecosystem middle. Musk described the X platform as the ultimate version of PayPal and revealed that the X payments feature is expected to launch later this year.

X Payments subsidiary X Payments LLC is working across the country to obtain money transfer licenses and is currently approved in 14 states. The company recently set up dedicated accounts for its payments capabilities and displays a gold verification badge on the X platform indicating its official status.

Musk has previously used Dogecoin as one of the payment methods in Tesla’s official merchandise store and has posted information about cryptocurrency on social media. In April 2023, he even proposed Dogecoin as one of the payment options for the X Platform subscription service. This move sparked heated community discussion about the possible integration of Dogecoin into the X payment platform, and was full of speculation about the potential impact on Dogecoin’s price.

While the addition of Dogecoin as a payment option has not been officially confirmed, subtle hints from Musk and Platform X point to potential interest in incorporating Dogecoin into the upcoming payment service. This news is undoubtedly a big encouragement to the Dogecoin community, who are eagerly awaiting further official news.

In this news, we can analyze the price trend of Dogecoin from the following perspectives:

1. Musk’s description of the X payment platform: Musk described the X payment platform as the ultimate version of PayPal, which hints at his high expectations and confidence in the platform. If Dogecoin is integrated into such a payment system with high potential, it will undoubtedly increase its credibility and practicality as an effective payment method, thereby increasing its market value.

2. Potential integration of Dogecoin in the X payment platform may play an important role. This integration will expand Dogecoin’s application scenarios and help enhance its overall market appeal.

3. The precedent of Dogecoin as a payment method: Musk has previously used Dogecoin as one of the payment methods in Tesla’s official merchandise store. This not only proves the feasibility of Dogecoin as a medium of exchange, but also lays the foundation for its application on a wider range of payment platforms. This precedent suggests that Dogecoin may be accepted and used on more occasions in the future, further driving the growth of its market value.

In general, Musk's positive attitude towards Dogecoin and its possible integration on the X payment platform have significantly improved the market value and application prospects of Dogecoin. The use case of Dogecoin in Tesla’s official store has already demonstrated its potential as a payment tool. If Dogecoin can be successfully integrated into the X payment platform, this will further strengthen its position in the digital currency market and have a positive impact on its price trend. Based on the above factors, this channel believes that this is the golden moment for long-term investors to accumulate chips and plan for the future. However, it must be emphasized that these views we share are not professional investment advice. They are only based on our observations and analysis. If you have any questions about our interpretation, we recommend that you refer to the source news link attached in the information column. For further verification, it is crucial for investors to do their own homework. Please remember to never invest in something you do not understand, never invest in a position that you cannot afford to lose, and make investment decisions carefully. . Of course, we will continue to pay close attention to the latest developments in Dogecoin.