Dogecoin is trading at $0.174, nearing a pivotal support level of $0.182. Surpassing this threshold could lead to a rally towards $0.200 and potentially $0.220, establishing new highs for the year.

On another note for dogecoin, Billy Markus, Dogecoin founder, voiced support for incorporating DOGE as a tipping currency on the X platform. Despite Bitcoin and Ethereum’s availability for tipping on X, their usage remains minimal.

Markus highlighted that DOGE is frequently used for transactions within its community through third-party apps, suggesting its viability for tipping on X. Following a platform user’s discussion, Markus endorsed the swift integration of DOGE for tipping, which could be completed in a few hours.

Related: Elon Musk: Dogecoin Could Play Role in Tesla Purchases in the Future

The anticipation grows for X to officially endorse DOGE payments by 2024, as it expands its payment transaction licenses. The active use of DOGE for tipping, compared to the minimal use of Bitcoin and Ethereum for the same purpose, underscores Dogecoin’s distinctive role in the digital currency ecosystem.#Dogecoin‬⁩ $DOGE #HotTrends #toptrnding