The electric car giant Tesla recently announced that it will now take Dogecoin as payment for several products, which is a big step toward integrating cryptocurrencies with traditional commerce.
Tesla shops are now open to accepting Dogecoin as a payment method. This development is poised to redefine the role of crypto in everyday transactions, potentially revolutionizing the way we perceive digital currencies in the retail landscape.
As per the data of CoinMarketCap, the price of dogecoin has jumped to $0.16 and in the last 24 hours the price increased by about 20%.
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