According to MarsBit news, Dogecoin rose another 10% on Tuesday, bringing its weekly gain to nearly 15%. Dogecoin has been rising in price since Elon Musk rebranded Twitter as X, which it said would be a "universal" app, similar to China's WeChat, that also provides users with advanced and convenient financial services. The reason Dogecoin is increasing in price is that there are rumors that Dogecoin may be included in future X cryptocurrency-based payment solutions, which may greatly increase the demand and utility of the cryptocurrency. Since Elon Musk has been a big supporter and advocate of Dogecoin, the cryptocurrency market is speculating whether Dogecoin will be integrated into X. He frequently mentions the coin on Twitter, calling himself an investor. DOGE/USD last traded at just over $0.08 on major cryptocurrency exchanges, more than 50 percent above its June low of $0.05.