{"id":69489,"date":"2024-01-22T06:08:45","date_gmt":"2024-01-22T10:08:45","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=69489"},"modified":"2024-01-22T06:08:49","modified_gmt":"2024-01-22T10:08:49","slug":"xpayments-account-growth-triggers-7-day-high-in-dogecoin","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/xpayments-account-growth-triggers-7-day-high-in-dogecoin\/","title":{"rendered":"XPayments Account Growth Triggers 7-day high in Dogecoin"},"content":{"rendered":"\n

The creation of the “XPayments” account on X (previously Twitter), which has amassed more than 100,000 followers, has caused the dog-themed memecoin<\/a> Dogecoin to reach a weekly high.<\/p>\n\n\n\n

\"XPayments
XPayments Account Growth Triggers 7-day high in Dogecoin<\/figcaption><\/figure>\n\n\n\n

In nine hours, beginning late January 20 and ending early January 21, DOGE increased 12.8% and reached its highest level in seven days, $0.08978, according to data from Cointelegraph Markets Pro.<\/p>\n\n\n\n

Since then, it has declined by about 4% over the past day and is now worth $0.08330.<\/p>\n\n\n\n

\"\"
The seven-day DOGE chart shows a spike up to its weekly high. Source: Cointelegraph Markets Pro<\/figcaption><\/figure>\n\n\n\n

Although the XPayments account has yet to publish any content and X has yet to specify which payment functions it intends to provide, traders have speculated that DOGE, occasionally mentioned by the site's proprietor Elon Musk\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, may be included in the offering.<\/p>\n\n\n\n

\n

Doge is rising as speculation abounds from the creation of the @Xpayments<\/use><\/svg><\/span><\/a> account

Elon has never erred in his support of Doge, even against tremendous pressure during a prolonged bear market

\ud835\udd4f Payments is the utility that Doge deserves\u2014Giving The People control of their money!<\/p>— \ud83d\udcb8\ud83d\udcb8\ud83d\udcb8 (@itsALLrisky) January 20, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

Numerous cryptic X posts and bio updates from the frequently enigmatic billionaire have inspired X users to speculate that Musk might incorporate DOGE into the platform.<\/p>\n\n\n\n

\n

Anyone else notice the Dogecoin (\u0189) symbol in Elon Musks location pic.twitter.com\/Y1OGT42hD2<\/use><\/svg><\/span><\/a><\/p>— Morgan (@Helloimmorgan) July 24, 2023<\/use><\/svg><\/span><\/a><\/blockquote>

Musk enabled DOGE payments on the Tesla merchandise store and changed the logo of Twitter to Dogecoin shortly after assuming control of the platform in April 2023; these actions caused the price of DOGE to increase by 22%.<\/p>\n\n\n\n

Musk stated in December 2023 that he anticipates introducing X payments by mid-2024. The organization submitted license applications for money transmitters<\/a> in multiple states in 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

The creation of the “XPayments” account on X (previously Twitter), which has amassed more than 100,000 followers, has caused the dog-themed memecoin Dogecoin to reach a weekly high. In nine hours, beginning late January 20 and ending early January 21, DOGE increased 12.8% and reached its highest level in seven days, $0.08978, according to data […]<\/p>\n","protected":false},"author":12,"featured_media":4693,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[5592,151,18002],"class_list":["post-69489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-dogecoin-2","tag-doge","tag-xpayments"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/06\/image-69.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/69489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=69489"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/69489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/4693"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=69489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=69489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=69489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}