Dogecoin (CRYPTO: DOGE) is trading higher Tuesday morning after Elon Musk confirmed that X Money, the digital payments platform for X, is set to begin early public access next month. Here’s what investors need to know.
- $DOGE is gaining Tuesday. What should traders watch with $DOGE?
Musk’s X Money Launch Revives Dogecoin Payment Speculation
Although the first phase of the rollout will focus on traditional fiat payments in U.S. dollars, the announcement revived speculation that Dogecoin could eventually be added as a payment option on the platform.
The renewed interest reflects Dogecoin’s long association with Musk, who has repeatedly referred to the token as the “people’s crypto.” Any development tied to X’s payments …