Dogecoin (DOGE), the meme-inspired cryptocurrency, has seen a significant price surge following the announcement that X (formerly Twitter) will integrate DOGE payments on its platform.
The integration will allow users to tip content creators, purchase premium features, and participate in other transactions using Dogecoin.
This move is part of X’s broader strategy to incorporate cryptocurrency payments and expand its financial services. Elon Musk, a well-known supporter of Dogecoin and CEO of X, has played a key role in driving this initiative.
The news has reignited interest in Dogecoin, with trading volumes spiking and the cryptocurrency’s market capitalization increasing substantially. Analysts view this development as a potential catalyst for broader adoption of Dogecoin in mainstream financial systems.