Elon Musk's X (formerly Twitter) has created a dedicated account for its upcoming payments feature, sparking speculation in the crypto community. While the X app is expected to introduce in-app payment services in mid-2024, the integration of cryptocurrencies remains unconfirmed. The verified X account with a gold badge and an X badge has fueled anticipation, and crypto enthusiasts are speculating about potential integrations, including Dogecoin (DOGE). Musk has previously incorporated DOGE for payments on Tesla's merchandise store. The crypto community analyzes subtle hints from Musk and X, considering their potential interest in cryptocurrencies for upcoming projects.

Elon Musk's X (formerly Twitter) has stoked speculation within the crypto community by creating a dedicated account for its upcoming payments feature, expected to be introduced in mid-2024. While the details of cryptocurrency integration remain unconfirmed, the verified X account, adorned with a gold badge and an X badge, has triggered anticipation and discussion among crypto enthusiasts.

The X app is poised to introduce in-app payment services, and the crypto community is particularly intrigued by the potential inclusion of cryptocurrencies in this feature. The dedicated X account's creation has intensified speculation, prompting discussions on various possible crypto integrations.

One crypto researcher, Mason Versluis, expressed excitement about the prospect of seeing cryptocurrencies starting with "X" on the platform. Examples cited included XRP, Stellar (XLM), and XDC. The crypto community closely monitors subtle hints and signals from Musk and X, considering their past engagements with cryptocurrencies.

Dogecoin (DOGE) is a notable contender in the speculation, given Musk's previous incorporation of DOGE for payments on Tesla's merchandise store. The Dogecoin community has been attentive to potential indications of Musk's interest in the meme-inspired cryptocurrency.

However, some crypto researchers, such as Tokenicer, have observed shifts in X's approach to crypto-friendly content. Tokenicer noted a perceived reduction in payments for crypto-related content and shared personal experiences of receiving lower payouts compared to previous months. X's implementation of a revenue-sharing system for ads in 2023 allows content creators to monetize their content within the app, and the payout system is based on the total impressions accumulated by content creators.

Since Elon Musk's acquisition of Twitter in April 2022, there has been ongoing speculation about the platform's evolution and potential integration of cryptocurrencies. Musk himself has hinted at ambitious plans for X, envisioning it as a platform offering the "ability to conduct your entire financial world." The upcoming payments feature adds another layer of intrigue, leaving the crypto community eager to see how the platform evolves in the coming months.



(CIARAN LYONS, COINTELEGRAPH, 2024)