Dogecoin Jumps 13% After Elon Musk Posts Cryptic Message on Twitter

This tweet sparked a surge of excitement within the crypto community, particularly among Dogecoin-focused accounts. Numerous individuals, including influencer David Gokhstein, anticipate that X will incorporate DOGE as a payment option, given Musk’s previous hints on the matter.

Elon Musk continues to captivate the community with hints of yet another addition to X, which is currently undergoing significant changes following its rebranding from Twitter. Earlier today, Musk shared an image showcasing the app’s new logo – “X,” and once again, prominent XRP-themed accounts responded, drawing comparisons between this symbol and the logo of the XRP coin.

As of now, Dogecoin has experienced a 4.84% increase in the past 24 hours, with a 2.88% rise in the last hour.

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Should Elon Musk proceed with implementing DOGE payments on his X app, this would result in an unimaginable boost to Dogecoin’s adoption and utility, potentially igniting a substantial surge in its price. Currently, Dogecoin is trading at $0.08094 after a remarkable 13.58% increase over the past week.