• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Elon Musk has suggested that in the future Tesla may start accepting Dogecoin as a means of payment for its cars

Elon Musk has suggested that in the future Tesla may start accepting Dogecoin as a means of payment for its cars

user avatar

by Max Nevskyi

2 years ago


Elon Musk held a meeting with visitors at the Berlin-Brandenburg gigafactory, where Tesla electric cars have been manufactured since the plant opened in the spring of 2000. One of the participants of the event asked Musk about the possibility of purchasing a Tesla car for Dogecoin in the future. In response, Musk responded positively to the idea, saying that it could be implemented at some point. This reaction sparked enthusiasm among investors, and the market price of Dogecoin increased dramatically. By the time of writing, the Dogecoin price had increased by 9.3%, jumping from the level of $ 0.172 to $0.188.

Tesla began accepting DOGE as payment for its goods from the year two thousand twenty-two. Musk began actively supporting Dogecoin after an appeal from several employees of the Tesla gigafactory, who called on the CEO to support Dogecoin as an official payment method. A similar request was also received by Musk from SpaceX visitors. According to Musk, Dogecoin is the cryptocurrency of the people, so he expressed his support. He also noted that Bitcoin has received support from many rich people, and he wants to support the cryptocurrency, which is popular among a wide audience.

The creation of an XPayments account in the "Elon Musk X social network" (formerly Twitter) caused further speculation in the crypto community regarding the possible introduction of cryptocurrencies. It is expected that by the middle of the twenty-fourth year, payment services will appear in Appendix X. However, it is unclear whether these services will support payments beyond traditional national currencies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

HYPE Token Experiences Major Price Surge Amid Market Trends

chest

HYPE token has surged over 65% year-to-date and nearly 200% over the past year, reflecting strong market performance amid uncertainties.

user avatarLucas Weissmann

Bitwise Moves Closer to Launching Spot Hyperliquid ETF

chest

Bitwise has filed a second amendment with the SEC for its spot Hyperliquid ETF, adding new trading counterparties ahead of its launch.

user avatarRajesh Kumar

Bitcoin Price Rally Sparks Hope for Bullish Rebound

chest

Bitcoin recently traded as high as 73,000, indicating a potential bullish rebound despite being in a bear phase for over six months.

user avatarFilippo Romano

Bitcoin Price Slips Below 73,000 Amid Changing Investor Sentiment

chest

Bitcoin price dipped below 73,000 as investors adjust their exposure amid inflation concerns.

user avatarEmily Carter

Wall Street Firms Build Infrastructure for Institutional DeFi

chest

Wall Street firms are building infrastructure for institutional DeFi, processing over $8 trillion in tokenized repo settlements and enabling on-chain governance for tokenized equity.

user avatarTomas Novak

Ethereum Emerges as Leader in Tokenizing Real-World Assets

chest

Ethereum is becoming the leading platform for tokenizing traditional assets, with significant institutional investment.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.