Recently, the DOGE ecosystem has welcomed several significant developments. Firstly, the social platform X, owned by Musk, is actively preparing a payment system called "X Money," which has already obtained relevant licenses in 39 states. Notably, the system's code suggests it may support Crypto Assets trading, especially DOGE. Industry insiders generally believe that if the integration is successful, DOGE is expected to become the main payment tool on this platform, greatly expanding its practical application scenarios.



However, political factors have also brought uncertainty to DOGE. In June 2025, the public conflict between Musk and Trump led to severe fluctuations in the DOGE market, with a single-day drop of 10% and a cumulative decline of 22% over the week, with prices once falling to $0.17. This incident involved several sensitive topics, including the cancellation of SpaceX contracts, highlighting DOGE's high dependence on Musk's personal words and actions.

Nevertheless, DOGE still demonstrates strong technical performance and market vitality. At the beginning of July, the coin's weekly growth reached 20%, successfully breaking through the key resistance level of $0.20. The 24-hour trading volume surged to $2.5 billion, surpassing Binance Coin (BNB). Meanwhile, on-chain data shows that large investors bought 150 million DOGE in a single day, sparking enthusiastic discussions in the market about a potential rise to $0.3 in the short term.

The future development of DOGE is still full of variables. On one hand, the potential integration with the X platform presents significant opportunities; on the other hand, political risks and market fluctuations cannot be ignored. Investors need to closely follow relevant dynamics, weigh the pros and cons, and make informed decisions.
DOGE-1.52%
TRUMP-0.03%
BNB0.98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
rekt_but_not_brokevip
· 08-13 05:57
As soon as Ma opened his mouth, there was a big dump. Beng.
View OriginalReply0
BearMarketLightningvip
· 08-10 11:40
It's all up to Ma's mouth.
View OriginalReply0
UpsideDownvip
· 08-10 07:00
Quick, enter a position! 🚗
View OriginalReply0
MrRightClickvip
· 08-10 06:51
What's going on? Want to get high again?
View OriginalReply1
TokenStormvip
· 08-10 06:51
I made a lot of money again, and Daddy Musk is taking me to da moon.
View OriginalReply0
AirdropFreedomvip
· 08-10 06:45
It's getting better. Buy the dip is now.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)