$DOGE & $SHIB Spike as Elon Musk Teases “X Payments” Rollout on Twitter

$DOGE & $SHIB Spike as Elon Musk Teases “X Payments” Rollout on Twitter

Elon Musk is doing it again—and this time, Dogecoin and Shiba Inu are riding the rocket.

The billionaire entrepreneur has once again sent the meme coin market into a frenzy after teasing the imminent rollout of “X Payments”, a native payments feature for Twitter (now rebranded as X). Musk posted a cryptic tweet with the caption:

“Soon... payments across the Xverse.”

The post featured a short animation of the Dogecoin logo spinning inside the “X” logo, instantly igniting speculation that $DOGE would be integrated as a payment method—possibly alongside other cryptocurrencies like $SHIB.

🚀 Market Reaction: Meme Coins Take Flight

Within hours of the tweet:

• Dogecoin ($DOGE) surged 18%, breaking the $0.12 barrier

• Shiba Inu ($SHIB) jumped 14%, reclaiming a $7B market cap

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• Trading volumes for both tokens more than doubled, with DOGE leading all crypto assets on Binance, Coinbase, and Robinhood

Social sentiment around DOGE and SHIB soared, with both tokens trending on Twitter/X, Reddit’s r/cryptocurrency, and Telegram communities.

A post by @XPaymentsBot, a known Musk-connected dev account, further fueled rumors:

“DOGE is no longer a joke—it’s a protocol.”

💼 What Is “X Payments”?

Elon Musk has been quietly assembling a financial infrastructure within Twitter since he acquired the platform in late 2022. His long-term goal is to transform X into a “super app” like WeChat, enabling:

• Instant peer-to-peer payments

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• Shopping and tipping

• Subscription models

• Crypto wallets

• Banking integrations

To that end, X has secured money transmitter licenses in over 30 U.S. states so far, and is expected to launch its native payment layer before Q4 2025.

The open question now is: Will crypto—especially DOGE—be part of it?

🧠 Why DOGE & SHIB?

Musk’s affinity for Dogecoin is no secret. He has called it “the people’s crypto,” joked about putting it on the Moon, and even integrated DOGE as a payment method for Tesla merchandise.

Shiba Inu, often viewed as DOGE’s meme rival, has also gained serious traction with its own Layer-2 network Shibarium, decentralized exchange ShibaSwap, and upcoming AI integrations.

Crypto analyst Miles Deutscher commented:

“Elon doesn’t need to say it outright. The market reads between the memes. DOGE is X’s unofficial token until proven otherwise.”

💬 Industry Response

Crypto Twitter lit up with speculation:

• Will X Payments integrate DOGE natively like Venmo does with USD?

• Will SHIB and other meme coins be accepted?

• Could Musk enable crypto tipping or creator rewards via these tokens?

While no official confirmation has been issued, insiders say that X engineers have been testing wallet functionality, with one leak showing QR codes and wallet address inputs under the "Payments" tab of the app.

A former PayPal executive working with X commented anonymously:

“Musk wants to prove that DOGE can be both funny and functional.”

📱 Super App Vision Nearing Reality

Musk’s vision for X as a financial platform includes:

• Bank accounts & debit cards

• Merchant tools

• User-to-user payments

• Crypto tipping

• Tokenized subscriptions

Dogecoin's inclusion would bridge Musk’s cult-like meme appeal with a tangible use case—turning DOGE from internet joke to actual global microtransaction asset.

Meanwhile, SHIB developers are reportedly working on integrations with Telegram Mini Apps, further enhancing utility beyond memes.

🔮 What’s Next?

Speculation is swirling that X Payments could launch a beta phase by September, starting in the U.S. and expanding globally by year-end. If DOGE is part of the initial launch, expect massive upside volatility.

Crypto influencer @AltcoinGordon tweeted:

“If DOGE becomes the default tipping currency on a platform with 500M+ users, the meme ends. The money begins.”

DOGE could be poised to test $0.20 in the short term, while SHIB might revisit last year’s highs if confirmed integrations emerge.