Musk's X Partnership Sparks Dogecoin Price Surge

Dogecoin has surged to $0.1 in value, regaining its 10-cent price level amid a broader market rally.

The cryptocurrency's price increase of 13.2% in the last 24 hours, 20% in the last week, and nearly 10% over the previous month can be attributed in part to Elon Musk's X social media platform partnering with various exchanges.

Musk's X has teamed up with popular cryptocurrency exchanges Gemini, Kraken, and Coinbase to allow trading directly from the timeline.

This development is significant for Dogecoin as Musk is one of its biggest supporters, having enabled DOGE payments for several of his businesses in the past.