Dogecoin the memecoin surged by 5% following an Elon Musk tweet hinting that the memecoin could play an active role in the anticipated X payment service.
The leading memecoin has a long history of reacting to Elon Musk tweets and statements due to the history between both parties.
Dogecoin surged in price after Elon musk posted a screenshot of Popular Podcaster Joe Rogan on November 22.
The screenshot contained a dollar Icon that is quite different from the apps tipping service.
The dollar icon features sparked speculation with one user noted in an X post, speculating that it might be for sending money as part of X Payments.
“This photo was posted by @elonmusk on 𝕏. My speculation is that “$” button is used for sending money to someone as a part of X Payments!” Nimwa Owji
“True “Elon Musk replied to the X user confirming his speculation.
Elon musk replied to the user’s speculation admitting that he is right and fueling more speculation around the highly anticipated X…