Excitement is building around the potential for Dogecoin payments on X, formerly known as Twitter, fueled by Elon Musk's vision of an everything app. Dogecoin (DOGE-USD) saw a 5% increase after fresh speculations emerged surrounding Elon Musk ‘s long-awaited X Payments service.

The move aligns with the broader strategy to roll out peer-to-peer payments and Elon Musk's vision of an everything app. The announcement significantly impacted 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. Given Elon Musk’s constant support for Dogecoin, there is a possibility that the memecoin will make its way to the platform, if not now, then later.

The rumors and speculation are partially driven by past interactions. On Nov. 2, the billionaire Tesla owner who has changed his handle to “Twitter Complaint Hotline Operator,” tweeted about inner masochism. The Stonks Reddit Trading account replied asking about Dogecoin integration. While not a direct confirmation, these interactions keep the possibility alive in the minds of the crypto community.

Will Elon Musk enable Dogecoin payments on X? The answer remains to be seen, but the anticipation is palpable. Keep checking back for the latest updates on this developing story!