Dogecoin up 15% after payment service profile X appeared

Quotes of the meme token Dogecoin (DOGE) increased by 15% in a few days - from $0.078 to $0.089 - after the XPayments account appeared on the X social network.

At the time of writing, the coin rate has adjusted to $0.083. According to CoinGecko, the capitalization of the asset reached $11.9 billion, which brought it to 10th place among the largest cryptocurrencies.

The XPayments profile, which has more than 100,000 followers, appeared on the evening of January 20 and has not yet published a single message. Representatives of the social network and its owner Elon Musk did not comment on the appearance of the account.

Some users have speculated that the platform may add a crypto-payment function, which will also support DOGE.

The founder of Tesla and SpaceX has been promoting the meme token for a long time. In April 2022, he proposed reducing the cost of a Twitter Blue subscription and allowing users to pay for the premium service in DOGE.

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