Dogecoin Price Rises 13% on Elon Musk’s P2P Payment Announcement
The price of Dogecoin experienced a 13% increase on January 12, reaching $0.09, following the announcement by Elon Musk’s social media giant X about plans to launch a peer-to-peer (P2P) payment platform. The surge in Dogecoin’s value came shortly after X released a blog post titled “Transforming the Global Town Square,” outlining its roadmap for 2024, which included the introduction of P2P payments. This news generated a positive reaction among Dogecoin investors.
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