Dogecoin Surges on Rumors of X Payments Integration
The price of Dogecoin (DOGE) has surged by as much as 12.8% over the past day, reaching a 7-day high early Saturday morning.
This rally comes amidst speculation that DOGE could be integrated with Elon Musk's X payments platform, which is expected to launch in 2024.
X recently revealed an '@XPayments' account on Friday, which has already garnered over 106,000 followers despite not yet having posted any content.
Musk and X have hinted at the potential role of crypto assets like DOGE in their platform, with Musk allowing DOGE payments for Tesla merchandise in the past.