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Dogecoin Jumps 10% Amid Speculation of Integration into Elon Musk's X Payments System; Price Predictions Become Bullish

Dogecoin (DOGE) has seen a 10% surge in value, with weekly gains reaching almost 15%. This is due to speculation that the cryptocurrency may be integrated into a future X crypto-based payments solution, following Elon Musk's support and advocacy of the token. Technical developments suggest that Dogecoin's bear market may be coming to an end, with a potential retest of 2023's highs in the $0.16 area, marking gains of nearly 100% from current levels. Additionally, a new token called BTC20, which runs on an eco-friendly, low energy consuming Proof-of-Stake Ethereum blockchain, is gaining hype as an alternative to Bitcoin.

Bitcoin Bitcoin $66,804.95
+1.66%
Dogecoin Cryptocurrency Elon Musk Blockchain
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