Dogecoin Bets Jump to $2B as Price Reaches Highest Level Since 2021
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DOGE prices tend to move on speculation about the token's use on X, the Elon Musk-owned social media giant.
The dogecoin (DOGE) price surged to its highest level since December 2021 on Thursday, with trading volumes and futures open interest rising significantly.
Several posts from prominent Dogecoin community members on X speculated about the token's implementation on the platform, especially in relation to a new payment branch being awarded more licenses in the U.S.