The original memecoin, Dogecoin (DOGE), is one of the most well-liked cryptocurrencies available. One of the wealthiest persons on the planet, Elon Musk, is a genuine fan of DOGE and has never shied away from discussing the canine-themed cryptocurrency.
Musk has stated that he likes DOGE’s light-hearted tone, and his tweets on the cryptocurrency have frequently caused price increases.
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Can You Become A Millionaire If Elon Musk Includes Dogecoin In X?
Musk purchased Twitter in 2022 and renamed it X. X is currently working on a new payment feature for the platform. Many DOGE fans expect the meme coin to be part of the new feature.
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If X enables Dogecoin (DOGE) payments, we may witness a massive surge in the adoption of memecoin. X has about 540 million users, with about 238 million daily users.
If DOGE is exposed to such a large user base, its price may experience a massive rally. We may witness a rally even more significant than the 2021 bull run. Such a scenario will likely lead to the creation of many more millionaires.
Will Musk Add The Memecoin To X?
While Dogecoin (DOGE) may witness a massive price spike if Elon Musk adds it to X, the question is, “Will he?” Musk is one of the biggest DOGE supporters in the world.
He has enabled DOGE payments for Tesla merchandise and has expressed a desire to allow DOGE payments for Tesla vehicles in the future. Musk’s SpaceX initiative is also working on a DOGE satellite funded entirely using the meme coin.
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Given his support for DOGE and the acceptance of DOGE as payments in his other companies, there is a high probability that the meme coin will be part of Musk’s X platform. Despite the high probability, we do not have any confirmation from Musk.