Dogecoin Pumps After Musk Mentions X Integration

Dogecoin $DOGE spiked 11% after Elon Musk hinted at integrating DOGE into X (formerly Twitter) as a payment option. The meme coin community reacted with enthusiasm, pushing daily trading volume above $2 billion. While no timeline was given, Musk’s history with DOGE has often moved markets. Rival meme coins like Shiba Inu (SHIB) and Pepe (PEPE) also saw minor gains. Analysts remain cautious, citing DOGE’s volatility and lack of utility. However, Musk’s endorsement continues to give it relevance beyond jokes and memes.