- Elon Musk’s X platform may integrate Dogecoin as part of its payment infrastructure, driving new utility for the meme coin.
- DOGE is currently forming a bullish technical pattern, with analysts targeting a breakout toward $0.26.
- If X adopts DOGE and an ETF follows, the token could realistically aim for the $1–$2 range in the coming cycle.
X Money has officially entered the spotlight as a core component of Elon Musk’s evolving X platform, a project Musk has long touted as an “everything app.” With crypto integration on the roadmap, speculators have reignited conversations about Dogecoin’s potential role in this new ecosystem. Musk’s public admiration for DOGE is no secret—his tweets and interviews continue to fuel optimism that Dogecoin could play a central role in the future of payments on X.
Although nothing is officially confirmed, the launch of X Money has intensified rumors that Dogecoin could be the primary currency used across the platform. This includes subscriptions, tipping, e-commerce, and even peer-to-peer payments. Musk previously announced the testing of X’s internal payment system, and given his crypto-friendly stance, the use of DOGE seems like more than just a meme—it’s a possibility.
DOGE’s Price Action and Technical Setup
Dogecoin, currently hovering around $0.20, has been in a relatively dormant state, though trading volumes and momentum remain high. Technical analyst Ali Martinez noted the token is forming a falling wedge pattern—a classic bullish setup—with a breakout target of $0.26. That would mark a decent short-term gain, but it’s the long-term potential that has investors watching closely.
If X officially adopts Dogecoin for payments, the implications could be massive. The token would immediately gain real-world utility across millions of users. In that case, $1 becomes a reasonable price target, especially if transaction demand surges and X’s monetization model includes DOGE incentives or loyalty rewards.
The $2 Dream: ETF and Broader Adoption?
While a $1 DOGE sounds ambitious, some bullish speculators are eyeing $2 as a future milestone—especially if a Dogecoin ETF enters the scene. Although a DOGE ETF may seem far-fetched at the moment, stranger things have happened in crypto, especially when retail enthusiasm and institutional interest converge.
If ETF speculation and X platform adoption align, Dogecoin could evolve beyond its meme roots into a utility token used in everyday life. That shift—from meme to mainstream—could be the catalyst for the next major price surge, echoing the coin’s viral rise in 2021.
The post Dogecoin’s Future Could Be Tied to Elon Musk’s X Money first appeared on BlockNews.
