DOGECOIN PRICE DOUBLES AMID ROMOURS ELON MUSK WILL ADD CRYPTO TO X.
The price of #Dogecoin has doubled in the last month amid rumours that it could soon be integrated into Elon Musk’s X platform.
The tech billionaire, who is a vocal advocate of the meme-inspired cryptocurrency, has previously spoken of his plan to build an “everything app” that incorporates messaging, marketplaces and online payments. #DOGE冲冲冲
On Monday, he shared an animation from X user DogeDesigner showing his former payments platform X merging with the social media app he took over in 2022.
The sudden rise of Dogecoin in the past few days could be attributed to various factors, including increased attention from retail investors, social media buzz, and potential market speculation. Additionally, any positive news or endorsements from influential figures or companies can also contribute to a surge in Dogecoin's price. However, it's important to note that cryptocurrency markets are highly volatile and influenced by a multitude of factors, making it difficult to pinpoint one specific cause for sudden price movements. Make sure to DYOR.
