Dogecoin is rising Friday, hitting its highest price in over a week as speculation over Elon Musk introducing payments to his X social media platform—formerly Twitter—arises again.
The Tesla CEO and world’s richest man posted a screenshot of podcaster Joe Rogan’s profile early Friday. In the snap, a dollar sign appears next to the celebrity’s profile picture—leading to speculation that a new feature could soon be revealed.
When one X user posted on Friday pointing out the mysterious new widget, which does not currently appear on the platform to users, Musk simply responded: “True.”
“My speculation is that ‘$’ button is used for sending money to someone as a part of X Payments,” wrote Nima Owji, whose bio describes him as an “independent app researcher.”
The price of Dogecoin is now up 4% in the past 24 hours and is now priced at $0.40, according to CoinGecko. The price briefly popped above $0.41 earlier, marking its highest price in more than a week.
Over the past week, it has shot up 87% after slowing down following a phenomenal rally of
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Author: Mathew Di Salvo
