How High Can Dogecoin Go If X Adopts It for All Payments?

X money is an integral part of the X social media platform, which is owned and managed by Elon Musk. Musk’s inclination towards Dogecoin has been publicly acknowledged, with the internet flooded with interviews and snippets of Musk confirming his adoration for DOGE. However, the social media platform is still buzzing with speculations of DOGE being a significant part of the X platform. With the advent of X money in all its glory, can Dogecoin become a huge part of X’s future?

Also Read: Dogecoin, Cardano Face 8% Dips: Are We In A Bear Market?

Dogecoin X Musk: The Current Dynamics

Dogecoin is primarily a leading cryptocurrency meme coin, waiting for its time to shine again. The token has long been closely associated with Tesla chief Elon Musk and promoted as a token that could gain high prestige once Musk deploys it within the X ecosystem.

Musk has always envisioned X as a platform that is holistic in every way. In one of his X posts of May 2025, the Tesla chief announced how a beta version of this payment mechanism will first be tested to ensure that all its systems are working in sync with each other.

This will be a very limited access beta at first. When people’s saving are involved, extreme care must be taken.

— Elon Musk (@elonmusk) May 25, 2025

Moreover, Musk aims to develop his social media platform into an “everything app” by adding crypto payments on X:

Delete all the other apps on your phone NOW

I challenged myself this week to exclusively use X and no other app.

I am proud to announce it was SO worth it

Didn't check email. Didn't check other social media. Didn't search on Google

Just did everything on X and Grok. Made my… pic.twitter.com/XyAmj0iBqI

— Alex Finn (@AlexFinnX) January 8, 2025

In addition to this, Dogecoin dynamics have largely been dormant as of late. With Doge sitting at $0.20, the token is sluggish but still attracting heavy momentum and volume. As per Ali Martinez, Dogecoin is busy forming a falling wedge, leading the asset to a breakout point of $0.26.

Dogecoin $DOGE could be forming a falling wedge, which projects a target of $0.265! pic.twitter.com/P9WQbMrXfI

— Ali (@ali_charts) July 31, 2025

How high will the token surge if Musk adopts it for all X payments?

The X Ecosystem is massive. In terms of everyday payments, marketing, subscriptions, and so on, the usage of Doge for all these factors could easily help the token surge to hit $1 and above in no time.

Moreover, if a Dogecoin ETF comes into the picture, then the price of the asset can easily hit $2 and beyond.

Also Read: Dogecoin, Pepe, Bonk Fall Double Digits: Buy The Dip or Wait?