The Surge in DOGE Price
The price of the meme-inspired Dogecoin ($DOGE) has surged for the past week due to a new account on X.
The New X Dedicated Account
An account using the handle XPayments, has been launched, featuring a gold badge and is marked with the company’s “X” badge
The Future For DOGE
Musk has noted that the platform would be supporting payments, and this has sparked the surge in price.
DOGE Could Soon See a Breakout
Popular pseudonymous cryptocurrency analyst Johnny has predicted DOGE could soon see a breakout to the $0.10 mark over X Payments account launch.
Crypto Analyst’s Predictions
Crypto analyst recently said the meme-inspired cryptocurrency could see a “gorgeous pump” after it breaks through a key price level.
The Surge in Price
Captain Faibik suggested DOGE’s price could surge around 700% from its current levels.
The History of Dogecoin
Dogecoin was created back in 2013 as a joke. The cryptocurrency’s community is well-known for taking on philanthropic projects.
The Charitable Initiatives of Dogecoin
The cryptocurrency’s community is well-known for taking on philanthropic projects. It made headlines in 2014 after raising more than $25,000 worth of DOGE to let the Jamaican bobsleigh team attend the Winter Olympics in Sochi.
Hot Take
Musk’s influence over DOGE has the potential to get more eyes on the crypto and might fuel more growth, with $0.10 per token being showcased. Something to be cautious about would be the volatility of markets at this point.
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