Witnessing its highest peak since December 2021, $DOGE surged on the back of speculation regarding its potential integration into the social media platform X.
Speculation was fueled by Elon Musk's affiliation with X and Tesla, both hinting at possible DOGE adoption.
Despite a stable cryptocurrency market, DOGE experienced a 17% surge to 22 cents, with trading volume peaking at $7 billion within 24 hours.
The futures market for DOGE also witnessed heightened interest, reaching close to $2 billion.
While X hinted at introducing a peer-to-peer payment service, no official confirmation has been made regarding the inclusion of DOGE, despite persistent speculation since Elon Musk's acquisition of X in 2021.
