👉👉Dogecoin Price Rises Again on Elon Musk Speculation: Payment May Come 👈👈
Popular memecoin Dogecoin (DOGE) has increased by 5% in the last 24 hours, approaching the multi-year peak levels it reached at the beginning of this month.
It is stated that new speculations about the long-awaited payment service of the social media platform X, owned by Elon Musk, are effective behind this rise.
Elon Musk's X Share
The development that triggered the increase in the price of DOGE occurred when Elon Musk shared a screenshot of the famous podcaster Joe Rogan's X profile. In the image, a user noticed that the dollar symbol was different from X's current tipping service. The user suggested that this symbol could be a precursor to a payment system called X Payments. Musk confirmed these claims by responding with “True” to the speculation.
DOGE and Musk's Relationship
Dogecoin price often reacts to the announcements of the companies owned by Elon Musk regarding their payment systems. Musk has long been talking about plans to transform the X platform into an “everything app” that includes payments between users. X Payments LLC has so far managed to obtain money transfer licenses in most states of the US except New York.
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