According to Decrypt, Dogecoin rose on Friday, reaching its highest price in over a week amid rumors that Elon Musk may introduce payment features on his social media platform X (formerly Twitter). Musk posted a screenshot of Joe Rogan's profile, showing a dollar sign next to his avatar, sparking speculation about new features.
Independent app researcher Nima Owji speculated that this '$' button could be used for transfer functions in X Payments. CoinGecko data shows that the price of Dogecoin has increased by 4% in the past 24 hours, reaching $0.40, briefly exceeding $0.41.
In the past 30 days, the price of Dogecoin has risen by 189%, reaching a three-year high of $0.43. Dogecoin was created in 2013 as a joke based on the 'doge' meme, but its value skyrocketed and gained followers thanks to Musk's influence.
