X Introduces Dedicated Payments Account, Sparking Speculation Within the Cryptocurrency Community

Cryptocurrency analysts are discussing the possibility of incorporating cryptocurrency payments on the platform, spurred by X’s introduction of a dedicated account for its upcoming payments feature scheduled for later in 2024.

X, Elon Musk’s comprehensive “everything app” (formerly Twitter), has established a dedicated account for its forthcoming payments feature, triggering speculation within the crypto community regarding the potential integration of cryptocurrencies.

Expectations surround the introduction of in-app payment services by mid-2024 through the X app. Nevertheless, it remains unverified whether the feature will extend its support to payments beyond conventional fiat currencies.

Although no posts have been published on the account as of now, it possesses the gold badge, signifying its status as a verified organisation. Furthermore, it features the X badge, implying an affiliation with X

In the meantime, Musk has integrated Dogecoin for transactions on Tesla’s merchandise store, and he occasionally references it on social media. There is widespread speculation that Dogecoin is the most probable cryptocurrency to be incorporated into X if any were to be featured.

The crypto community has meticulously examined subtle cues from Musk and X over time, pointing to a possible interest in DOGE for upcoming projects.

We can only hope!