DOGE-themed account @dogeofficialceo has published a post on the social network integrate it.
DOGE-themed account @dogeofficialceo has published a post on the social network integrate it.
Numerous responses show that the DOGE community is indeed willing to do so. Some DOGE fans stated that they would agree to do so if users linked their wallets to the platform.
The Dogecoin community was rocked about a week ago when news spread that Elon Musk was preparing to start peer-to-peer payments on X. The company’s official blog post indicated that P2P payments will be introduced this year, which will make the platform offer “more utility and opportunities for commerce” and also allowed $44 billion deal to buy Twitter in October 2022. Last year, X obtained payment processing licenses in several US states.
In his previous interviews, Musk once stated that Dogecoin is much more suitable for payments than Bitcoin, and before acquiring the company, he mentioned many times that implementing DOGE as a means of payment on Twitter would be a good idea since he is a big fan. of Dogecoin itself. DOGE was inspired by memes and Musk is a big lover of memes and likes to post them on his X page frequently.
While Musk hasn’t made any official statement about whether DOGE will officially be used on X, he did make it clear that the company (all of his companies, really) will not be creating a native cryptocurrency. In this way, he dispelled rumors about the launch of an “X coin”.
Over 1 Billion DOGE Moved This Week
According to blockchain sleuth Whale Alert, in the last 24 hours, an anonymous buyer withdrew 67,903,623 Dogecoin from Robinhood, a popular brokerage platform. Earlier this week, the same source reported that a much larger amount of these meme coins was transferred: 990,000,000 DOGE worth $79,757,842 at the time the transaction was made.
Meanwhile, in the last 24 hours, the original meme cryptocurrency DOGE has lost around 2.85%, falling to $0.0805.