Dogecoin and Floki See Price Jumps as Rumors of Twitter Payment Flies

Adekunle Joshua

Dogecoin (DOGE) and Floki (FLOKI) prices went up 12% after a profile named X payments on a social app X raised excitement among crypto fans.

Over the weekend, trading of these tokens increased by 200%, according to analysts.

Futures trading also grew, with bets totaling $430 million.

X payments account quickly gained over 100,000 followers.

X also mentioned launching peer-to-peer payments this year, possibly including cryptocurrencies.

There's no official word on DOGE being used for payments, but Musk hinted at it before, like using it for Twitter Blue.

Tesla already accepts DOGE for store purchases.