The doggy coin has not recently been out of its vulnerable position. According to external sources, this token has fallen to a record high of 90 per cent, and the market would have expected a catalytic move from Mask, but neither SpaceX on the market nor the X platform payment expansion expectations have been translated into a clear price support for the time being.

DOGE is still far below historical heights.

The report mentions that the dog currency has a historical height of approximately $0.7316, many years before the US$ 0.7 on the last stop. Despite the fact that DOGE has long been tied to the Mask issue, the recent round of market concerns has not pushed it back to the top, but has continued to exert pressure.

One of the reasons why the market had previously speculated that SpaceX ' s capital market movement might have led to a rise in DOGE ' s mood was because the company had accepted dog coins for some of the surrounding goods. However, in terms of price performance, this expectation has not materialized.

Market Concern X Money Progress

According to the article, the currently more concerned variable is X Money, the payment product of the X platform. Musk indicated earlier this month that X Money would soon be open to more users, but did not give a specific go-live schedule or indicate whether it would be able to access encrypted payments.

Nikita Bier, who is responsible for the X product, mentioned earlier that the platform might do something for the encryption industry. This statement further boosts the market's speculation about DOGE access to X Money because Mask has repeatedly publicly expressed support for the dog coin.

  • Mask once called Doge his preferred encryption currency.
  • Tesla and SpaceX both supported DOGE to pay for some of the goods
  • The abbreviation of the Ministry of Government Efficiency has also given rise to market speculation.

Still no clear information on the inclusion of DOGE

Foreign media comments suggest that if X Money ultimately supports the payment of dog coins, DOGE will gain a greater reach of users and may improve market confidence. However, this judgement is still based on expectations, with no formal disclosure of the functional scope of the product, the online rhythm and the list of paid assets.

At this stage, the price performance of DOGE remains largely emotional. Discussions around the Mask, the X platform and the payment scene continued, but market expectations had not yet been translated into real progress without clear product location information.