Dogecoin Hits Three-Year High as it Crosses the 2 Billion Mark!

Popular meme coin Dogecoin (DOGE) has surged to its highest level in 3 years.

Interest in Dogecoin has reignited with increasing expectations, with the price reaching its highest level since December 2021. The possibility of X integrating DOGE as a payment and the approach of April 20, known as Dogecoin day are central to the growing expectations. In parallel, the open futures trading volume of Dogecoin has exceeded 2 billion dollars.

Billionaire Elon Musk, who is often associated with Dogecoin, mentioned last year that the first stage of X Payments would not include crypto. However, with X Payments acquiring various licenses in the US, investors’ hope in this area was rekindled.

Furthermore, the expectation of a possible announcement on Dogecoin day on April 20 was among the factors that boosted the price. In April 2021, DOGE demonstrated its mind-blowing performance, showing what it could do on this day.

In a statement on the issue, popular Dogecoin supporter “Mishaboar” said he was not sure where the speculation would lead:

Dear Dogecoin, with X acquiring more licenses for its new payment branch in the US, there is speculation about the implementation of crypto payments on the platform. Last year, Elon mentioned that the first stage of X Payments wouldn’t include crypto; now I’m not sure if that’s changed.

According to CoinGecko data, Bitcoin, which has seen a %6 increase in the last 24 hours, is currently trading at 0.21 dollars.