The Tesla CEO and world’s richest man posted a screenshot of podcaster Joe Rogan’s profile early Friday. Within the snap, a dollar signal appears subsequent to the celeb’s profile image—ensuing in speculation that a brand unusual feature would possibly per chance well per chance additionally soon be printed.
When one X user posted on Friday pointing out the mysterious unusual widget, which doesn’t currently appear on the platform to users, Musk simply answered: “Correct.”
“My speculation is that ‘$’ button is outdated for sending money to somebody as a fraction of X Funds,” wrote Nima Owji, whose bio describes him as an “honest app researcher.”
The price of Dogecoin is now up 4% in the previous 24 hours and is now priced at $0.40, in accordance to CoinGecko. The price temporarily popped above $0.41 earlier, marking its perfect designate in better than every week.
Over the last week, it has shot up 87% after slowing down following a elegant rally off Musk’s feedback and Bitcoin’s unusual all-time highs.
Correct
— Elon Musk (@elonmusk) November 22, 2024
Within the home of 30 days, the coin—which is the seventh-ultimate digital asset—has jumped in designate by 189%. It hit a three-365 days high of about $0.43 early closing week.
Dogecoin was once invented in 2013 by a gaggle of engineers as a joking tribute to the “doge” meme of a Shiba Inu dog. The premise was once to sprint fun at the slew of altcoins getting into the crypto residence after Bitcoin had taken root.
Nonetheless when tech entrepreneur CEO Elon Musk started pumping the coin on Twitter in 2020 by posting memes, it went up in price and won a cult following.
It shot to an all-time excessive of $0.73 in 2021, however then dropped inspiring. It has started pumping all every other time as Musk talks about how he likes the coin and as he prepares to steal a brand unusual position in President-elect Donald Trump’s unusual authorities in an agency dubbed the Department of Governmental Efficiency (D.O.G.E.)
Musk—who equipped Twitter in 2022 and altered its name to X—has enthusiastically spoken about users making payments on the platform.
Earlier than wanting for Twitter, Musk teased doable plans to integrate Dogecoin for wanting for prime rate subscriptions, as an illustration. Alternatively, paperwork confirmed earlier this 365 days that while a price feature was once in the works, crypto wasn’t a fraction of the plans—a minimum of no longer in the initiating.
Edited by Andrew Hayward
