DOGE Jumps as Elon Musk's X App Gets Closer to Crypto Payments Adoption

DOGE Jumps as Elon Musk's X App Gets Closer to Crypto Payments Adoption

Elon Musk's X company (formerly Twitter) can conduct crypto transactions and process them in seven states: Arizona, Missouri, Georgia, Maryland, Michigan, New Hampshire and now Rhode Island. The other six Rhode Island Currency Transmission Licenses were approved earlier this year, according to the data presented on the webpage. When it happened on Aug. 28, the price of Dogecoin, favored by Elon Musk, went up by roughly 2.55%, dropping back soon after that.