Elon Musk's X App Sparks Crypto Buzz with Payment Feature Unveiling

Elon Musk's revolutionary X app, formerly Twitter, has introduced a dedicated account for its upcoming payment feature, stirring curiosity in the crypto community.

X's Verified Payment Feature Account Unveiled

While the new X account is yet to share any updates, it proudly showcases a gold badge, verifying its organizational status.

X Platform Affiliation Highlighted

Additionally, the account proudly bears the X badge, signifying its connection to the X platform.

In-App Payments Expected Mid-2024

The X app plans to roll out in-app payment services by mid-2024, sparking speculation on whether it will include cryptocurrencies beyond traditional fiat currencies.

Crypto Enthusiast Hopes for "X" Cryptos on the App

Crypto researcher Mason Versluis, with 169,000 followers, expresses excitement about the possibility of seeing "X" cryptocurrencies like XRP, Stellar (XLM), and XDC (XDC) on the app.

Musk's History with Cryptocurrencies

Known for his interest in cryptocurrencies, Musk integrated Dogecoin as a payment option for Tesla and has hinted at potential projects involving Dogecoin in the future.

Dogecoin Speculated as a Potential Inclusion

Many in the crypto community speculate that Dogecoin could be the cryptocurrency of choice for X's payment feature.

X's Subtle Hints Towards Dogecoin Integration

X's past actions, including a meme featuring a dog and cryptic messages, have led to speculation about potential Dogecoin involvement.

Diverging Views on X's Crypto Focus

Contrary to expectations, some crypto researchers, like Tokenicer, believe that X is shifting its attention away from crypto-friendly content.

Revenue-Sharing System Introduced in 2023

In 2023, X introduced a revenue-sharing system for ads, enabling content creators to monetize their content within the app.

Concerns Raised Over Decreased Payments for Crypto Content

Tokenicer notes a significant decrease in earnings from crypto content on X, suggesting a potential shift in the platform's payment structure.

Payment System Based on Content Impressions

It's important to note that X's payment system is based on total content impressions, leading to potential earnings fluctuations over time.

Twitter's Evolution Under Musk's Leadership

Since Musk acquired Twitter in April 2022, speculations have arisen about the platform's transformation and possible integration of cryptocurrencies.

Musk's Vision for X's Financial Role

Musk envisions X offering individuals the "ability to conduct your entire financial world," indicating a broader role in personal finance.

Awaiting X's Impact on Cryptocurrency Integration

As the crypto community anticipates further developments from X, the future of cryptocurrency integration and online payments remains uncertain.