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Dogecoin price doubles amid rumours Elon Musk will add crypto to X [Video]

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USA Economy and Markets

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The price of dogecoin has doubled in the last month amid rumours that it could soon be integrated into Elon Musk’s X platform.

The tech billionaire, who is a vocal advocate of the meme-inspired cryptocurrency, has previously spoken of his plan to build an “everything app” that incorporates messaging, marketplaces and online payments.

Dogecoin overtook Cardano (ADA) to become the world’s eighth most valuable cryptocurrency in March 2024

(iStock/ Getty Images)

On Monday, he shared an animation from X user DogeDesigner showing his former payments platform X merging with the social media app he took over in 2022.

“The circle will be complete,” he commented.

In January, X launched a dedicated payments account having secured money-transmitting licences in the US.

Both SpaceX and Tesla already support dogecoin payments, while previous comments made by Mr Musk have led to price …

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