- Ilon Musk suggested that in the future Tesla will start accepting Dogecoin as a means of payment for cars.
- The asset reacted with growth to the statement of the owner of X.
- In just one day, it grew by 10%.
The owner of social network X (formerly Twitter) Ilon Musk suggested that in the future Tesla will start accepting Dogecoin (DOGE) as a means of payment for cars. The billionaire made the statement during a recent visit to the Giga Berlin factory.
Elon Musk at Giga Berlin today.
“When will I be able to buy a Tesla with dogecoin?”
“At some point I think we should enable that.” 😂🔥
- Sir Doge of the Coin ⚔ (@dogeofficialceo) March 14, 2024
“When will you be able to buy a Tesla with Dogecoin? At some point, I think we should realize it. So Dogecoin is going to the moon,” Ilon Musk said.
In January 2022, Musk added the option to buy with Dogecoin to Tesla’s website. However, the cryptocurrency can be paid only for some souvenirs and chargers.
Note, on the background of Musk’s statement Dogecoin (DOGE) jumped by 10%. At the moment, the price of the asset was rising above $0.19. At the time of writing, it is trading near $0.185.
At the same time, the memcoin rate is still far from the all-time high. According to CoinMarketCap, the price of Dogecoin reached $0.73 in May 2021. At the time of writing, the cryptocurrency is the 9th largest cryptocurrency in terms of capitalization at $26.6 billion.
Dogecoin turned 10 years old in December 2023. The billionaire repeatedly mentioned it in his publications in X, which contributed to the growth of memcoin. Musk later stated the risks of investing in Dogecoin and warned users against investing in this cryptocurrency.
Meanwhile, some experts believe that the owner of X secretly financed the development of the project.
