X - Dogecoin Soars As Elon Musk's X Payments Gains Ground Enthusiasts Rally With $800M Boost | Benzinga
Elon Musk's latest endeavors has notably impacted the cryptocurrency market, particularly Dogecoin (CRYPTO: DOGE).
According to the Santiment data, the meme coin, often championed by Musk, saw a remarkable $800 million increase in open interest within three days.
Over the past 72 hours, the price of Dogecoin has surged by 35%, hitting a weekly high of $0.17 on Saturday.
Also Read: Forget Dogecoin And Shiba Inu — This Meme Coin Has Surged Nearly 70% In Just 24 Hours
The news comes as Musk's X Payments LLC, a social media offshoot of his X motif (X.com, ...