Elon Musk has confirmed that the newly introduced dollar sign button on the social media platform 𝕏 is part of the upcoming X Payments system. This announcement was made in response to a post featuring Joe Rogan's profile, which displayed the dollar icon. The news has sparked speculation regarding the potential use of cryptocurrency, particularly Dogecoin (DOGE), in the payments system. Following the announcement, Dogecoin experienced a surge of 5%, reaching multi-year highs. The excitement around X Payments has also led to discussions about monetization improvements on the platform, as users will soon be able to send and receive money directly through their 𝕏 profiles. Additionally, there are rumors that Musk may start accepting DOGE payments for Tesla purchases in the near future. The rollout of ad-revenue share payments to creators on 𝕏 has also been noted, enhancing the platform's monetization capabilities.