Dogecoin Surges as Elon Musk Announces X Money Early Access Launch
- Dogecoin (DOGE) price increased by over 8%, reaching $0.099.
- The surge follows Elon Musk’s announcement of early public access to X Money in April.
- Trading volume for DOGE rose by 36% in the last 24 hours, indicating heightened interest.
- Total DOGE futures open interest increased by more than 2% to $1.21 billion within four hours.
- Musk’s vision for X Money aims to compete with platforms like PayPal and Cash App in the fintech sector.
The Dogecoin community is optimistic about potential integration with X Money as it prepares for its launch next month, following a beta test involving notable figures like William Shatner. Analysts are recommending a long position on DOGE amid these developments.
With DOGE trading higher at $0.099 and significant increases in trading volume, the market shows strong interest ahead of the anticipated launch of X Money.(Source)
