Traders have again raised hopes over Dogecoin after a newly created payments-focused account for the platform quickly gained traction.
Dog-themed memecoin Dogecoin (DOGE) has hit a weekly high following the creation of the new “XPayments” account on X (formerly Twitter), which has now clocked over 100,000 followers.
DOGE climbed 12.8% in a nine-hour window between late Jan. 20 and hit a seven-day high of $0.08978 in the early hours of Jan. 21, according to data from Cointelegraph Markets Pro.
It’s since fallen around 4% in the past day and is currently trading at $0.08330.
