Dogecoin Surges Past $0.10 as X Integrates Crypto Trading
Dogecoin has broken above the $0.10 threshold, climbing 13.2% in the past 24 hours and extending its weekly gain to 20%. The price surge comes as Elon Musk's social platform X expands into financial services, integrating with major trading venues like Gemini, Kraken, Coinbase, Moomoo, and Interactive Brokers.
The partnerships allow users to execute stock and crypto trades directly from the X timeline without leaving the app. This move marks a significant step toward embedding financial transactions into everyday social media activity on the platform with hundreds of millions of users.
Musk's personal endorsement of Dogecoin has long been a driving force behind its price movements, and the recent partnerships have rekindled speculation among supporters that the memecoin will eventually be folded into X's payment and trading infrastructure.