Elon Musk’s Latest X Reveal Triggers Bullish Sentiment for XRP

Elon Musk has shared an important update on X on a new development for the site, which has triggered bullish sentiment around XRP. His post gained the attention of the XRP and DOGE communities, creating enthusiasm and excitement. According to Musk, all core systems are finally on the X.com domain now.

Upon the announcement, many users responded positively to the news, asking follow-up questions of their own. One question that stood out the most was the status of allowing DOGE payments on the platform. Musk has been a strong supporter of cryptocurrency, especially Dogecoin. He shared in the past that he plans on adding the currency to X as a payment method.

Also Read: Bitcoin (BTC) Predicted To Hit New All-Time High This Weekend

Elon Musk’s dogecoin support has usually translated into bullish momentum for cryptocurrencies like DOGE and XRP. For XRP in particular, the asset is up 3% this week and has been looking for any trigger to cause bullish momentum. Ripple’s token is due for a surge, with many price predictions on the positive side. Holders are optimistic that an event such as a positive result in the Ripple v. SEC lawsuit, or Musk adding DOGE to X as a payment method, would trigger a boom.

At press time, XRP is trading at $0.5233. Bullish price predictions around Bitcoin are also raising hopes for Ripple’s token to go on a run.