Dogecoin (DOGE) experienced a 5% price uptick following renewed speculation surrounding Elon Musk’s plans for integrating payments on X, his social media platform. The chatter began after Musk shared a screenshot of Joe Rogan’s profile featuring a dollar icon, distinct from the app’s existing tipping feature.
Crypto enthusiasts interpreted this as a possible signal for the much-anticipated rollout of X Payments, which has already secured licenses across most U.S. states. DOGE’s historical price sensitivity to Musk’s statements and its integration into Tesla’s merchandise store have fueled hopes that the token could play a role in X’s ecosystem.
With DOGE surging 190% over the last month to levels unseen since May 2021, analysts suggest the memecoin may continue to rally if tied to Musk’s ambitious vision for transforming X into a comprehensive financial platform.
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