Popular doggy-themed cryptocurrency, Dogecoin, has recently experienced an exponential surge in its price value. Despite its previously sluggish price momentum, Dogecoin witnessed a massive $800 million increase in open interest over the weekend. Interestingly, a recent development indicates that Elon Musk’s X Payment LLC has greatly contributed to this price pump. 

流行的以狗狗为主题的加密货币——狗狗币，最近其价格呈指数级上涨。尽管此前价格走势低迷，狗狗币周末未平仓合约却大幅增加了 8 亿美元。有趣的是，最近的一项进展表明，埃隆·马斯克 (Elon Musk) 的 X Payment LLC 对价格上涨做出了巨大贡献。

Why Dogecoin Price Rose 35%

Over the past 72 hours, the price of Dogecoin witnessed a 35% increase in its value, recording an impressive weekly high of $0.17 on Saturday.  According to data from Santiment, a crypto analytics platform, the cryptocurrency has also witnessed a significant rise in open interest, skyrocketing by a remarkable $800 million in value. 

狗狗币价格为何上涨 35% 在过去 72 小时内，狗狗币的价格上涨了 35%，周六创下 0.17 美元的周高点。根据加密分析平台 Santiment 的数据，加密货币的未平仓合约也大幅增加，价值飙升了 8 亿美元。

This massive price surge has been attributed to a recent development in Elon Musk’s payment subsidiary, X Payments LLC. According to reports, X Payments has successfully expanded its operational capabilities to three new states. The platform has secured money transmitter licenses in Mexico, Oregon and Illinois.

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Following the disclosure of this news, the sentiment surrounding Dogecoin had transformed, as speculations about the meme coin potentially becoming a preferred payment method for the X Payments began to spread like wildfire. At the time of writing the cryptocurrency is trading at $0.172, reflecting a 14.27% price increase over the past seven days, according to CoinMarketCap. 

此消息披露后，围绕狗狗币的情绪发生了变化，有关模因币可能成为 X Payments 首选支付方式的猜测开始像野火一样蔓延。根据 CoinMarketCap 的数据，截至撰写本文时，该加密货币的交易价格为 0.172 美元，过去 7 天的价格上涨了 14.27%。

Interestingly, Dogecoin has already been integrated as a payment method within Musk’s Tesla merchandise store. In 2023, the SpaceX CEO also teased about the possibility of DOGE payments on X (formerly Twitter), pushing the broader crypto community on edge as they anticipated the potential inclusion of DOGE in the payments ecosystem. 

有趣的是，狗狗币已经作为一种支付方式集成到马斯克的特斯拉商品商店中。 2023 年，这位 SpaceX 首席执行官还调侃了 X（以前称为 Twitter）上 DOGE 支付的可能性，这让更广泛的加密社区感到紧张，因为他们预计 DOGE 可能会纳入支付生态系统。

Presently, as X Payments expands its services and possibly prepares for a launch, speculations are growing stronger, driving up Dogecoin’s price amidst the rising interest in the cryptocurrency’s potential integration with X Payments.

目前，随着 X Payments 扩大其服务并可能准备推出，猜测越来越强烈，随着人们对加密货币与 X Payments 潜在整合的兴趣日益浓厚，狗狗币的价格也随之上涨。

DOGE Whales On The Move

A recent report has revealed that an anonymous Whale made a substantial purchase of 25 million DOGE tokens, valued at $3.75 million, within the last 72 hours. The timing of this acquisition is particularly noteworthy as it aligns with the recent rise in Dogecoin’s price and open interest over the weekend. 

DOGE 鲸鱼行动最近的一份报告显示，一只匿名鲸鱼在过去 72 小时内大量购买了 2500 万个 DOGE 代币，价值 375 万美元。此次收购的时机特别值得注意，因为它与近期狗狗币价格和周末持仓量的上涨相一致。

The Whale’s purchase also coincides with X Payments expansion efforts into new regions, suggesting a potential shift in market sentiment as investors are now showing an elevated interest in DOGE. If Dogecoin becomes integrated as a payment currency within X Payments, the cryptocurrency could witness a significant boost in adoption, potentially attracting more whales and new investors and triggering a substantial price surge.

相关阅读：Shiba Inu 的 Shibarium 在混乱的市场走势中创下新纪录 The Whale 的收购也与 X Payments 向新地区的扩张努力同时发生，这表明市场情绪可能发生转变，因为投资者现在对 DOGE 表现出更高的兴趣。如果狗狗币成为 X Payments 中的支付货币，这种加密货币的采用率可能会大幅提升，可能会吸引更多鲸鱼和新投资者，并引发价格大幅上涨。

DOGE price recovers as whales move | Source: DOGEUSDT on Tradingview.com

随着鲸鱼的移动，DOGE 价格回升 |来源：Tradingview.com 上的 DOGEUSDT 精选图片来自 CryptoRank，图表来自 Tradingview.com