Dogecoin traders are filled with excitement following the emergence of a new payments-focused account on Twitter, "XPayments," which has rapidly amassed over 100,000 followers.

The beloved Dogecoin (DOGE), known for its playful meme-inspired origins, experienced a remarkable 12.8% surge within just nine hours between late January 20 UTC and the early hours of January 21, reaching a seven-day high at $0.08978.

However, it has since experienced a slight dip of approximately 4%, currently trading at $0.08330.

While the recent surge in Dogecoin's popularity was relatively short-lived, it has rekindled traders' optimism about the cryptocurrency's future potential.