The price of #dogecoin has doubled in the last month amid rumours that it could soon be integrated into Elon Musk’s X platform.
The tech billionaire, who is a vocal advocate of the meme-inspired cryptocurrency, has previously spoken of his plan to build an “everything app” that incorporates messaging, marketplaces and online payments.
On Monday, he shared an animation from X user DogeDesigner showing his former payments platform X merging with the social media app he took over in 2022.
Both SpaceX and Tesla already support dogecoin payments, while previous comments made by Mr Musk have led to price spikes for the cryptocurrency.
Mr Musk, who claims to own an undisclosed amount of dogecoin, said in 2021 that he believed it has the potential to become a major online currency due to its ease-of-use and efficiency.
He also said it could become the official currency on Mars if SpaceX is able to establish a permanent human colony there.
