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Dogecoin Value Spikes Amid Speculation Over Elon Musk's X App Payment Feature

Despite no official confirmation, traders anticipate the integration of Dogecoin into Musk's business ecosystem.

  • Dogecoin's value spiked nearly 12% following the creation of a dedicated account for the planned payment feature on Elon Musk’s “everything app” X, previously known as Twitter.
  • Despite no official confirmation from Twitter or Elon Musk, traders are eagerly anticipating the integration of Dogecoin into Musk's business ecosystem.
  • Cryptocurrency analysts predict Dogecoin could reach $0.10 amid the ongoing speculations.
  • Dogecoin's spike still falls short of the $0.1 mark it achieved on its 10th anniversary last year.
  • Musk's previous endorsements and speculative tweets have led to substantial spikes in Dogecoin's value.
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