Categories: Payment system news

DOGE Soars 20%: Elon Musk Says Tesla Will Accept Dogecoin for Some Merchandise

Elon Musk revealed that the company he spearheads – EV giant Tesla – will start accepting Dogecoin as payment for some of its merchandise.

  • The move that many anticipated and even more have been waiting for seems to be in the making.
  • Tesla – the EV mogul spearheaded by Elon Musk – will start accepting Dogecoin (DOGE) as payment for some of its merchandise.
  • This was made clear by Musk who tweeted just now that:

Tesla will make some merch buyable with Doge & see how it goes.

Tesla will make some merch buyable with Doge & see how it goes

— Elon Musk (@elonmusk) December 14, 2021

  • Meanwhile,  the price for the cryptocurrency skyrocketed immediately after the tweet.
  • At the time of this writing, DOGE is trading at 0.1940, up almost 20% in the past 24 hours.

Source: TradingView

 

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