In Brief:
- Tesla CEO Elon Musk hints at accepting Dogecoin as a payment mode for its merch.
- Dogecoin price surged from $0.15, going up to $0.22 following Musk’s tweet.
- Tesla sells clothes, belt buckles, tiny versions of its vehicles etc as its merchandise.
Tesla CEO Elon Musk hints at accepting Doge as a payment on a test basis for some of its merchandise.
Tesla sells clothes, belt buckles, tiny versions of its vehicles, a quad bike called the ‘Cyberquad’ for kids, and a whistle called the ‘Cyberwhistle’, etc, as its merchandise.
Doge price surged from $0.15 following Musk’s tweet, going up to $0.22. After the first hike, they dropped to $0.20 at the time of writing.
Elon Musk has been constantly vocal about his support towards Dogecoin and he has proved this from time to time.
Earlier in May, Elon Musk’s SpaceX announced plans to launch “DOGE-1 Mission to the Moon” in the first half of 2022, accepting payment in Doge to no one’s surprise.
Last month when Binance experienced a network glitch and temporarily stopped Dogecoin withdrawals, Elon Musk didn’t hesitate to call out the platform and tweeted in favor of the Dogecoin supporters. Binance even resumed payments following Musk’s remarks.
In May, the Tesla and SpaceX CEO even asked his Twitter followers via a poll if Tesla should accept Doge as a payment.
Also Read: Tesla CEO Musk Says Crypto is “impossible to destroy”
