- X (formerly Twitter) has released an update on an impending expansion.
- X CEO, Linda Yaccarino, shared a short video revealing X’s proposed features.
- The integration of payments on X is prominently featured in the video.
X (formerly Twitter) has released an update on an impending expansion to enhance its “Everything app.” The platform’s new CEO, Linda Yaccarino, shared a short video revealing X’s proposed features. The integration of payments on the social media platform is prominently featured in the said video.
The recent developments around X have triggered the enthusiasm of many crypto users, most of whom suspect that Dogecoin (DOGE) may be among the payment options on X when the time comes. The users’ suspicion is based on the affiliation of Elon Musk, former X CEO, with the meme coin.
Musk has been vocal about his support for Dogecoin, even before acquiring Twitter and renaming it to X. Yaccarino’s post provided insight into the various features that X developers are adding to enhance the platform. The video mentioned the integration of a payment app that would allow users to make online purchases or remit money.
The app would also enable participants on X to earn revenues based on the engagements they attract to their activities on the platform. Given Musk’s vocal support for cryptocurrencies, especially DOGE, the latest development has heightened the speculation of X integrating DOGE. Musk has posted the Dogecoin logo on X on multiple occasions, including using it as a profile picture at some point.
It is important to note that the video shared by Yaccarino did not in any way mention or suggest that DOGE would become a payment instrument on X. Hence, the buzz about the meme coin’s integration stems from users’ suspicion, considering Musk’s antecedents and his tendency to act in a certain way.
The buzz about the possible integration has had no significant impact on DOGE’s price as of the time of writing. The meme coin has remained in a sideways channel between $0.0604 and $0.0636. DOGE traded for $0.0612 at the time of writing.
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