All eyes are on Dogecoin after the social media platform of the billionaire Elon Musk announced a partnership with Visa as the first stage of a new digital payment and banking feature.
“X” joined forces with Visa Including a new digital payment feature on Tuesday, New York Times reported.
The partnership marks the first major X movement to become an βallβ application – a vision presented for the first time by its billionaire owner from 2022.
The reason for the emphasis placed on Mastiff Today is that Musk has long been a supporter of the medal for the same. He even invited Billy Markus, one of the co-founders of Dogecoin last week to join the Government Department of Effectiveness As an advisor.
Together, these developments revive the hope that Dogecoin could play a role in the foray of X in financial services.
Source: Brave New Coin Bitcoin Liquid Index (BLX)
Why is money X important for Dogecoin?
The new service nicknamed “X Money” will allow the creators of the social platform to receive payments without having to count on third-party applications.
In addition, this will allow users to add money to their digital wallets and also make instant payments from Peer-to-Peer with mobile applications like VenMo.
X joined forces with Visa to configure a versatile and friendly ecosystem to manage all kinds of transactions from the platform.
And if Mastiff ends up finding a place in this ecosystem, its price could rally hard from current levels and hit the highly anticipated $ 1.0 level by the end of 2025.
Musk’s support could send DOGE to $ 1.0 in 2025
Markets could read potential integration of Mastiff In X Money as a Musk confidence seal, adding to the legitimacy of the memes play and its wider appeal for the investment community.
It can lead a much more important audience to Doge and help put it in place as a legitimate means of payment. Finally, this traditional adoption could result in a superior Price for this meme piece.
In fact, an crypto enthusiast who goes through “late late” on X currently sees a way for Dogecoin to be up to $ 4. Its price objective is based on the Fibonacci 1.618 extension level.
The same corner has a history of consolidation (as it is currently) before a significant escape – which could see it rally more than 1,000% this year, according to Tardigrade.
Source: X.com
Dogecoin bulls likely to start soon
Dogecone is worth buying in writing also because the MacD shows signs of a bullish crossover which often indicates momentum upwards.
It is also reasonable to expect a net rebound in short -term DOGE since it currently negotiates only a higher index to a key support at $ 0.3144.
In addition, the relative force index (RSI) approaches the territory of occurrence, justifying more the fact that the bulls will probably trigger very soon.
Assemble with the Fed rate announcement On January 29, the scene seems planned for an explosive rally in Dogecoin at $ 1.0 in the coming months.
Even if the American central bank remains in place and leaves the prices unchanged this week, it will most certainly signal more rate drops planned for later this year – and this is perhaps what cryptographic investors will focus more.
Source: Commercial view
Is Dogecoin ready for an explosive rally in 2025?
In summary, Dogecoin can be an exciting investment proposal for 2025, especially after X signed an agreement with Visa Inc, the largest network of American credit cards, for its debut in financial services.
The idea that Doge could end up being part of X Money is exciting – and will probably trigger an unrivaled price rally in this meter piece on the back of the consumer adoption if it becomes a reality.
Technical indicators as well as cryptography experts paint a pink table of what the future also reserves in Dogecoin. In fact, Breaking Dogecoin News today suggests Bitwise filed an FNB Dogecoin.
Bitwise files for a Dogecoin ETF, Source: X
Finally, Trump’s promise of a cryptocurrency government could serve as a significant rear wind which contributes to the potential rally of the memes piece to the $ 1.0 closely looked at evaluation. Doge to a dollar!