Dogecoin (DOGE) climbed 5% as speculation reignited around Elon Musk’s plans for integrating payments into X, his social media platform. The surge followed Musk posting a screenshot of Joe Rogan’s profile, which included a dollar icon that some users speculated might signal the debut of X Payments.
Musk’s history of influencing DOGE’s value—through tweets or developments like Tesla accepting the token for select merchandise—has made the memecoin highly reactive to any potential payment-related announcements. DOGE’s impressive 190% monthly rally has now brought it to its highest levels since May 2021, with many investors anticipating a role for the token in Musk’s vision of turning X into an “everything app” featuring digital asset transactions.
