Social network X stirs up DOGE and SHIB with ‘Payments’ account

Following the creation of a new official profile named Payments on Xthe courses of several same cornersincluding DOGEhave progressed.

Last year, Elon Musk announced that he wanted to transform X, formerly Twitter, into an all-purpose application, including payment functionalities.

Rumors have been swirling ever since about the addition of cryptocurrency to the platform, and in particular Dogecoin (DOGE), the Tesla CEO’s favorite token.

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This weekend, the social network created an account named Payments which seems to refer to the upcoming new payment service. Enough to stir up the price of several meme coins highly sensitive to the American billionaire’s announcements, including of course DOGE.

The prices of DOGE, FLOKI and SHIB indeed recorded a notable rise on Saturday evening. The Dogecoin token flirted with the $0.95 mark, only to fall back below $0.85 on Monday morning.

DOGE price – Tradingview

X will never launch its own crypto, Musk warned last summer. The social network could, however, choose to include digital coins in its future service.

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The new profile, which has not yet published anything, already has over 100,000 subscribers.

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