- The Dogecoin community supports using DOGE as a payment option for potential X-branded merchandise.
- DOGE creator Billy Markus and Elon Musk’s recent meme fueled excitement in the community.
- The analyst projects a 27% DOGE rally if it breaks a $0.169 resistance level, adding optimism.
The idea of integrating Dogecoin as a payment method for merchandise sold by Elon Musk’s social platform, X, has gained traction among its community. The movement reflects Musk’s enthusiasm for Dogecoin, notably shown through his past integration of DOGE as a payment method for products by Tesla and SpaceX. This sentiment received a further boost recently when DOGE creator Billy Markus expressed support for the idea on social media.
Push for DOGE on X Merchandise
A prominent Dogecoin advocate with the handle @dogeofficialceo introduced the proposal on X, suggesting DOGE be considered as a payment option for future X-branded merchandise. The community quickly embraced this idea, aligning with Musk’s lighthearted promotion of Dogecoin over the years. Markus, known in the DOGE community as “Shibetoshi Nakamoto,” who helped establish Dogecoin in 2013 with Jackson Palmer, lent his support to the idea, adding credibility to the suggestion.
Dogecoin Price Could Rally
The Dogecoin community’s support for the idea comes amid optimistic forecasts for the token’s value. Cryptocurrency analyst Ali Martinez recently shared a DOGE/USDT chart on X, suggesting that Dogecoin could potentially break above the $0.169 resistance level. Should it succeed, Martinez indicated that DOGE could surge by 27%, reaching around $0.209. This projection has added further excitement to the community’s plans for expanding the use of DOGE as a viable payment option.
Musk’s influence on Dogecoin’s popularity remains strong, with a recent meme adding to the excitement. On October 28, he posted a photo of himself flexing his muscles, paired with a meme depicting the Dogecoin mascot in a similar pose. This playful post resonated with Dogecoin fans, reminding them of Musk’s consistent support for the meme coin.
While this proposal awaits Musk’s response, the enthusiasm from both the Dogecoin creator and the community has added momentum. Musk’s ongoing engagement with Dogecoin continues to keep the community optimistic about broader adoption. The concept for X-branded merchandise payments would expand DOGE’s utility in a practical setting, demonstrating the community’s commitment to pushing for new use cases.
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