Dogecoin is surging more than 10% on news that X (formerly Twitter) is likely to adopt Dogecoin for payments, while Bitcoin is rising slightly. As of Monday, Dogecoin was trading at 22 cents on CoinMarketCap, a global coin marketplace, up 10.21% from 24 hours earlier. This is the highest price since December 2021. This is due to the fact that the creator of Dogecoin, Mishiboa, reported on his X that "Elon Musk has said that he is very close to introducing Dogecoin to X payments." "California is close to authorizing such transactions, while New York will take some time," he added.
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