Dogecoin’s future in payments looks promising due to its fast, low-cost transactions, making it great for small purchases or tips. Its growing community and endorsements from figures like Elon Musk boost its appeal. However, compared to PayPal, it lacks widespread acceptance, security, and ease of use for everyday users. PayPal’s established trust and infrastructure give it an edge, while Dogecoin’s volatility and crypto-specific hurdles limit its competition against traditional payment giants for now.