Elon Musk’s X social media platform will launch a new payment feature. While many are speculating that Dogecoin (DOGE) will appear in the new feature, others wonder if DOGE’s rival, Shiba Inu (SHIB), will also be included.
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Will SHIB Be Included On Elon Musk’s X?
Source: Twitter
Shiba Inu (SHIB) And Its Market Position
Shiba Inu (SHIB), DOGE’s primary rival, is one of the most popular cryptocurrencies in the market. DOGE has the advantage of being the first meme coin, but SHIB has impacted its four-year history.
Elon Musk’s Support For Dogecoin (DOGE)
Many assume that DOGE will be included in X’s payment feature, given that Elon Musk is an avid fan of the meme coin. Musk has showered support for the coin on various instances and enabled DOGE payments for Tesla merchandise.
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Musk’s Space X program is also working on a “DOGE” satellite, which will be funded entirely using the meme coin. Musk’s love for DOGE has led to speculation that the asset will be included in X’s payment platform.
Speculation On SHIB’s Inclusion
While speculation is rampant, there is no official word on whether Dogecoin (DOGE) will be added to X’s payment platform. It is also unclear if Shiba Inu (SHIB) will appear on the platform.
If DOGE is accepted on X, SHIB may also appear. If SHIB is accepted on X, the token may witness a massive surge in adoption and price.
Uncertainty Around X’s Payment Platform
The intricate details of the new payment platform are still under wraps unfortunately. The team at X has been very quiet about the currencies that will be accepted and whether cryptocurrencies will play a part. Exciting, right?
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The platform may also create its own token for internal use. We’ll see how the situation evolves and keep you updated.
