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Dogecoin Jumps on Fresh X Payments Speculations After Elon Musk Tweet [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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Apparently triggering the move was Musk posting a screenshot of podcaster Joe Rogan's X profile. The post included a dollar icon that's different from the app's tipping service, one user noted in an X post , speculating that it might be for sending money as part of X Payments. Musk replied "true" to the post. Dogecoin's price has a history of moving on payments-related news — no matter how fanciful — at any Elon Musk-owned companies including X, formerly known as Twitter. Musk long floated his plans to turn the social media site into an "everything-app," encompassing payments between users. X Payments LLC obtained money transmitting licenses in most U.S. states, excluding New York. Some crypto enthusiasts speculate that the service, once live, might include transactions with some digital assets such as DOGE, given Musk's long-standing affection for the token. Musk's electric car company, Tesla, already accepts DOGE payments for some merchandise purchases in its online store.
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