Dogecoin is rising again, hitting its highest price in over a week as people speculate that Elon Musk might introduce payments on his social media platform, X (formerly Twitter). This idea arose when Musk posted a screenshot of podcaster Joe Rogan’s profile showing a dollar sign next to his profile picture.
Some believe this could be the start of a new feature called X Payments. Dogecoin’s price is now up 4% in the past 24 hours and is now priced at $0.40. This increase comes after the coin gained a cult following when Elon Musk started promoting it in 2020. In the past month, the value of Dogecoin has increased by 189%.
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<p>The post Dogecoin Soars: Elon Musk’s X Platform Payment Speculation Fuels Crypto Rise first appeared on CoinBuzzFeed.</p>
