Dogecoin (DOGE) surged over 10% after Elon Musk announced the upcoming launch of X Money’s early public access in April 2026. This announcement reignited speculation about Dogecoin’s potential role in the platform’s payment ecosystem. The memecoin’s 24-hour trading volume soared by 108% to $2.2 billion, and its market capitalization briefly reached $15.3 billion, according to CoinMarketCap.
Despite the initial rally, Dogecoin’s gains were partially retraced, with the price settling around $0.09195 and a market cap of approximately $14.1 billion by March 11. Musk’s confirmation of X Money’s launch, although not explicitly mentioning Dogecoin, fueled trader interest due to his history of supporting the cryptocurrency. X Money’s integration could significantly impact Dogecoin’s adoption, given X’s 586 million monthly active users and its money transmitter licenses across over 40 U.S. states.
