DOGE Surges 6.18% as X Platform Payment Integration Sparks Trading Boom and Bullish Momentum

Dogecoin (DOGEUSDT) has experienced a 6.18% price increase over the past 24 hours, currently trading at $0.27126 on Binance. The recent price surge is primarily attributed to the announcement of Dogecoin integration for payments on Elon Musk's X platform, which triggered heightened investor interest and a significant uptick in trading activity. This development, combined with bullish technical patterns such as the "cup and handle" and "double bottom," has reinforced positive market sentiment. Additionally, notable accumulation by large holders and a surge in active addresses have contributed to the upward momentum. Dogecoin's trading volume remains robust, reflecting strong market participation, and its market capitalization is approximately $41 billion, ranking it as the 8th largest cryptocurrency.