Speculation about Dogecoin ($DOGE ) payments on X (formerly Twitter) has sparked renewed interest in the meme coin, especially with the anticipated launch of X Money in the U.S. Elon Musk's affinity for Dogecoin and his potential push for its integration into X’s payment platform has fueled bullish sentiment around DOGE.
This month, $DOGE has seen a 25% gain, with a bullish engulfing green candle indicating positive momentum.
If $DOGE breaks above $0.422, traders could expect further upside in February. Currently priced at $0.39, traders should watch for potential bullish triggers linked to X's upcoming payment launch, but caution remains important due to the volatile nature of the market.
