- A survey on X reveals the Dogecoin community’s readiness to use DOGE for payments and tipping if integrated on the platform.
- The move aligns with Elon Musk’s vision for X as an “everything app,” with DOGE potentially playing a significant role in the platform’s payment system.
The Dogecoin community is showing a strong inclination towards using DOGE for payments and tipping on the X platform, should it be integrated. This enthusiasm was uncovered in a recent survey conducted by the DOGE-themed account @dogeofficialceo on the X/Twitter social media network.
hard yes pic.twitter.com/z8JTM9XD6y
— Ʌlpha Doge (@MrDylanKrug) January 17, 2024
Community Support for DOGE Integration
The survey’s responses indicate a resounding willingness among Dogecoin enthusiasts to adopt DOGE for transactions on X. This community support is particularly significant as X, under Elon Musk’s stewardship, aims to evolve into an “everything app.” Musk, known for his affinity for Dogecoin and memes, has previously expressed interest in incorporating DOGE as a payment option on the platform.
The anticipation within the Dogecoin community was further heightened by recent news suggesting that X is preparing to introduce peer-to-peer payments. The platform’s official blog post affirmed plans to integrate more utility and commerce opportunities, aligning with Musk’s vision for X. Last year, X secured licenses for payment processing across various U.S. states, laying the groundwork for this expansion.
Musk’s Stance on Dogecoin and Payments
Elon Musk has been vocal about Dogecoin’s suitability for payments over Bitcoin. His advocacy for DOGE, combined with his meme-friendly persona, has fostered a unique synergy between his social media presence and the meme-inspired cryptocurrency. While Musk has not made any formal announcements about DOGE’s integration on X, he has clearly stated that his companies, including X, will not create their own native cryptocurrencies, quashing rumors about an “X coin.”
Market Movement of DOGE
The Dogecoin community’s enthusiasm comes amid significant movements of DOGE on the blockchain. Whale Alert reported a withdrawal of 67,903,623 DOGE from Robinhood, along with an earlier transfer of 990 million DOGE. Despite these substantial movements, DOGE has experienced a 2.85% drop in value over the past 24 hours, trading at around $0.0805.
— Whale Alert (@whale_alert) January 16, 2024
As the Dogecoin community eagerly awaits potential DOGE integration on X, the cryptocurrency’s role in digital payments continues to evolve. The survey’s results highlight the growing appetite for Dogecoin’s broader adoption in real-world applications, reinforcing its position beyond just a meme-inspired asset. With Musk’s influence and the community’s support, Dogecoin could play a pivotal role in X’s transformation into a multifaceted digital platform.