Key Takeaways
Dogecoin reached a seven-day high of $0.08978, following a surge in followers of the “XPayments” account on X.
Speculation about Dogecoin’s inclusion in X’s payment options has increased, influenced by Elon Musk’s previous endorsements of the cryptocurrency.
Elon Musk’s initiatives and plans for X, including the anticipated launch of payment features by mid-2024, have significantly impacted Dogecoin’s market dynamics.