Dogecoin ($DOGE) has witnessed a sharp rise amid the significantly positive announcement by Elon Musk for his social media platform X. Specifically, $DOGE has surged by 11% while Elon Musk has announced the plan to offer crypto and stock trading on X. As per Crypto Rover’s recent X post, Musk asserted that X will directly integrate the trading services for cryptocurrencies and stocks. This development is set to take place over a couple of weeks from now.

💥BREAKING:DOGE is up 11% after Elon Musk’s X announced it will roll out crypto and stock trading directly in the timeline within the next couple of weeks.Bullish for DOGE. 🚀 pic.twitter.com/OdDRxrh3SL

— Crypto Rover (@cryptorover) February 14, 2026

Elon Musk’s Confirmation of Crypto and Stock Trading Services on X Triggers 11% Rise in $DOGE’s Price

Elon Musk’s announcement for stock and crypto trading integration on X has raised $DOGE’s price by 11%. This development has filled the traders with optimism about the trajectory of the leading meme coin. At the same time, this initiative is set to substantially enhance mainstream crypto adoption across the globe with seamless accessibility.

Additionally, the 11% spike in $DOGE’s price reinforces its bullish momentum as the investors are again happy about the further price action. Particularly, the declaration to offer trading integration via X comes after the platform’s Head of Product, Nikita Bier, hinted as soon launching these services. Similar to the analogous reaction to Elon Musk’s previous statement, this could extend $DOGE’s gains.

Top Meme Coin Hists $0.1155 Amid Growing Optimism

At the moment, $DOGE is changing hands at $0.1155. This price level signifies a 19.32% spike over the past 24 hours. Additionally, the weekly price movement of $DOGE signify 19.15% increase. However, the monthly performance still shows a 16.64% dip.

Keeping this in view, Crypto Rover deems this development as a pivotal moment for $DOGE. The increasing buying pressure is a healthy sign for a likely leg up in the near term. Even then, the actual outcomes of this move are still to be seen, while market onlookers are eager to know about the potential market direction.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.