What happened?
Elon Musk’s X announced a new marketplace called XHandles where people can buy and sell usernames. Telegram did something similar earlier using TON, and Dogecoin fans now expect DOGE to be added to X’s payments given Musk’s track record. The news helped DOGE bounce back above $0.20 and momentum indicators look bullish ahead of a possible ETF decision.
Who does this affect?
It matters to X users and username collectors who want official ways to buy sought-after handles. It also affects DOGE holders, traders, and whales who might buy in if DOGE becomes a payment option on X. Meme-coin projects and presales like Maxi Doge, plus institutional players watching ETF developments, could all see changes in demand and capital flows.
Why does this matter?
If DOGE gets integrated into XHandles it could create real utility-driven demand that pushes price higher and strengthens bullish momentum. Increased attention may pull retail and institutional money into DOGE and other meme coins, boosting liquidity but also raising volatility. Still, broader market conditions and events like ETF approval or macro moves (e.g., tariffs) will determine whether any rally is sustained.