Dogecoin's price surged recently amid speculation that Elon Musk is planning to introduce a payment feature on his social media platform, X (formerly Twitter). On November 22, 2024, Musk posted a screenshot of podcaster Joe Rogan’s profile which featured a dollar sign next to Rogan's image, prompting users to speculate about the meaning of this mysterious symbol. One user suggested it could be a button for sending money as part of an X Payments feature, to which Musk responded affirmatively. In the last 24 hours, Dogecoin's price increased by 4% to $0.40, marking a weekly high. Over the last month, the coin’s price has grown by 189%, fueled by Musk's continued association with the cryptocurrency. Created in 2013 as a joke, Dogecoin gained popularity thanks to Musk's endorsement and peaked at $0.73 in 2021. As Musk promotes the idea of integrating cryptocurrency into X, enthusiasm among Dogecoin supporters remains high, especially following his comments about the coin’s potential use in payments for premium services on the platform.

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