Dogecoin price has seen a stronger increase in the last few days. The memecoin was an exception in a market where altcoins have tended to lose in recent days. This is mainly due to the rebranding of Twitter to X by DOGE fan Elon Musk. Can Dogecoin reach 10$ when Twitter becomes X?
![Dogecoin course](https://cdn-aonan.nitrocdn.com/AnqcfnxssqDCBWjeLYOlExgduLkzGeZh/assets/images/optimized/rev-02c2761/sites/2/kanchanara-r9dG85a7E_U-unsplash_Easy-Resize.com_.jpg)
How did Dogecoin Perform recently?
The Dogecoin price has seen a stronger increase in the last few days. The DOGE price rose from $0.065 to $0.079. This represented an increase of over 10 percent over the past few days.
![](https://cdn-aonan.nitrocdn.com/AnqcfnxssqDCBWjeLYOlExgduLkzGeZh/assets/images/optimized/rev-02c2761/sites/8/DOGEUSD_2023-07-27_19-18-22.png)
This made Dogecoin one of the few altcoins to see gains over the past few days. Because in the last 7 days, Bitcoin and most Altcoins have been in the red. The DOGE price is a very positive exception.
![exchange comparison](https://cdn-aonan.nitrocdn.com/AnqcfnxssqDCBWjeLYOlExgduLkzGeZh/assets/images/optimized/rev-02c2761/sites/8/Frame-2.png)
Why was the DOGE able to increase so much?
The Dogecoin (DOGE) course was able to benefit from the rebranding of the short message service Twitter to X with a strong increase. Because now investors are hoping that Elon Musk is planning to introduce the Dogecoin as a currency on a possible new payment platform.
Because X wants to become a “platform for everything” and thus take on tasks such as communication and payments. If Dogecoin could become a core part of the platform, the price could skyrocket in the coming months and years.
Can the Dogecoin price hit $10 soon?
After this step by Twitter and the positive reaction from the Dogecoin price, investors are already dreaming of imminent explosions in value. A DOGE price of $10 is a popular target for the memecoin to aim for, however a bit far from reality.
In the current bear market, we have hardly seen the typical bull runs that cause the Dogecoin price to rise by a factor of 10. But in the bull market, those bull runs could come back.
![meme coin](https://cdn-aonan.nitrocdn.com/AnqcfnxssqDCBWjeLYOlExgduLkzGeZh/assets/images/optimized/rev-02c2761/sites/2/golden-dogecoin-with-background-regular-coins-dogecoin-cryptocurrency-symbol_Easy-Resize.com_.jpg)
Therefore, it is likely that at the top of the upcoming bull market, a price of 1 dollar is rather more realistic, in case investors had still interest in pumping Dogecoin higher.
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