From Investing.com:

Cryptocurrency DOGE’s market capitalization has reached $12 billion, driven by anticipation of new utility features and rumors of integration into Elon Musk’s X Payments system.

DOGE saw a 10% rise in price on Saturday, climbing from $0.078 to $0.090, coinciding with the debut of Elon Musk’s Xpayments. CoinMarketCap data also showed a threefold increase in DOGE’s trading activity, indicating market optimism.

Elon Musk’s plans for X, which include peer-to-peer payments, may involve Dogecoin as an option by mid-2024, following the company’s acquisition of money operations licenses.

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Read more: Dogecoin market cap hits $12 billion amid X Payments speculation By Investing.com