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

A
possible
Dogecoin
(DOGE)
price
rally
has
been
supported
by
speculation
surrounding
Elon
Musk’s
X
Payment
launch.
Experts
predict
a
bullish
run
for
dog-themed
coin.

With
recent
speculations
around
Elon
Musk’s
X
Payment
launch,
some
influencers
and
prominent
figures
expressed
their
confidence
in
it.
This
was
followed
by
the
investors’
hope
for
a
Dogecoin
token
rally,
which
became
vivid
after
experts’
comments.
What
additionally
grows
optimism
in
this
animal-themed
coin
rally
is
Musk’s
previous
support
for
Dogecoin
and
his
general
connection
to
meme
coins.

Elon
Musk’s
X
Payment
Launch
Speculations
Drive
Optimism
Across
Crypto
World

As

Elon
Musk
prepares
to
transform
X
into
an
“everything
app,”
the
rumors
around
the
X
payment
launch
soared
quickly.
Recent
reports
suggest
that
X
Money,
the
platform’s
payment
system,
could
soon
go
live
without
obtaining
full
regulatory
approval
in
all
US
states,
according
to

Forbes.

The
recently
unveiled
platform
code
indicates
that
the
platform
will
be
released
in
the
short
future,
according
to
an
X
influencer
Alex
Finn.

Linda
Yaccarino,
X’s
CEO,
said
that
X
Money
will
be
released
by
2025.
This
payment
system
will
be
designed
to
incorporate
various
features,
drawing
inspiration
from
China’s
WeChat.
Although
there’s
no
formal
announcement,
speculation
suggests
that
Bitcoin,
Dogecoin,
and
stablecoins
like
Tether’s
USDT
could
play
key
roles.

Aaron,
another
X
influencer
and
contributor
at
MacRumors,
confirmed
the
platform’s
development.
His
recent
post
says
that
X
Money
will
be
released
in
all
50
states
before
getting
the
approval.

At
the
same
time,
Jaime
Rogozinski,
founder
of
WallStreetBets,
thinks
Musk
is
ready
to
play
with
the
cryptocurrency
landscape,
calling
it
a
“secret
plan
for
stability.”

Elon
Musk’s
(@elonmusk)
X
is
about
to
drop
a
crypto
bomb
that
could
shake
up
the
digital
currency
world—the
king
of
chaos
has
a
secret
plan
for
stabilityhttps://t.co/Ew8o4IVSRw

—
wallstreetbets
(@wallstreetbets)

January
5,
2025

These
recent
developments
led
to
speculation
about
a
Dogecoin
integration
into
X
payments.
More
and
more
investors
expect
Elon
Musk’s
X
payment
system
to
include
DOGE
as
an
option.
Furthermore,
this
fueled
optimism
for
a
possible
rally
in
the
leading
meme
coin.

DOGE
Sees
Potential
Rally
Amid
Musk’s
Support

Musk’s
launch
of
X
payment
could
potentially
drive
a
bullish
path
for
Dogecoin.
That
said,
famous
market
expert
Ali
Martinez
intensified
speculation
following
his
recent
comment
on
the
development.
He
posted
a
comment
on
Rogozinski’
post
saying
that
“It
smells
like
DOGE
in
here”,
which
emphasizes
Musk’s
known
connection
with
this
cryptocurrency.

At
the
same
time,
Elon
Musk
recently
shared
a
post
that
raises
questions
and
further
fuels
speculation
about
a
potential
Dogecoin
Reserve
in
the
US.
Donald
Trump’s
newly
formed
Department
of
Government
Efficiency
(D.O.G.E.)
additionally
increases
speculations.
This
department,
which
will
be
led
by
Musk
and
Vivek
Ramaswamy,
has
an
intriguing
acronym,
further
fueling
the
discussions
in
the
crypto
world.

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