   
Original meme coin Dogecoin (DOGE) rose today, hitting a new yearly high near $0.48, as fresh speculation about Elon Musk launching payments on his social media platform X resurfaces surface.
The CEO of Tesla/SpaceX job a screenshot of podcaster Joe Rogan’s X profile on November 22. In the screenshot, a different dollar icon from the app’s tipping service appears next to Rogan’s profile picture, hinting that a new feature could be introduced soon.
When an X user suggested that this could be for sending money as part of
According to CoinGecko, the price of DOGE increased by 16.5% in the last 24 hours to $0.4665. It briefly rose above $0.4759 earlier, marking its highest price in over a week.
Dogecoin’s monthly gains stand at 236%. The meme room exploded in the middle comments by Musk about how he likes the piece and how he prepares to take on new role in President-elect Donald Trump’s new administration in a newly created agency called the Department of Government Effectiveness (DOGE).
 The owner of Billionaire X has long been talking about users making payments on the social media platform. Before acquiring X, Musk teased potential plans to integrate Dogecoin for the platform’s premium subscriptions. However, some leaked documents Earlier this year, it was revealed that while a payments feature was in the works, crypto assets were not part of the plans – at least not at first.
Is a $1 DOGE price inevitable?
Meanwhile, popular analyst Trader Tardigrade said in a recent job that a $1 target is “inevitable” for Dogecoin price. Tardigrade observed a very tight flag pattern forming on the DOGE chart and noticed:
“Very Tight Flag Pattern” stands out as a rare, BUT extremely bullish signal that indicates a very possible and significant upward price movement. »
A rise to $1 would imply Dogecoin surpassing its previous all-time high of $0.7376 reached on May 8, 2021.