Last January, Elon Musk announced that Tesla would start accepting payment in Dogecoin for certain products such as Cyberquads, umbrellas, toys, etc.
On his Twitter account, the CEO of Tesla indicated that now all Tesla products can be purchased with the Dogecoin cryptocurrencyan announcement that caused the DOGE price to jump, which has been at its lowest lately, like the entire crypto market.
Elon Musk who declares that the payment in Dogecoin will soon be accepted for SpaceX products as well in the future.
Tesla merch can be bought with Doge, soon SpaceX merch too
— Elon Musk (@elonmusk) May 27, 2022
Followed on Twitter by more than 95 million people around the world, the statements of the CEO of SpaceX and Tesla can have a significant impact depending on the subjects discussed by the whimsical CEO who is currently trying to buy Twitter for 44 billion dollars.
Fan of Bitcoin (BTC) and avid supporter of Dogecoin (DOGE) that he has made popular around the world, Elon Musk is working on support the adoption and use of cryptocurrencies to the general public.
CEO of Tesla and SpaceX, so he is gradually integrating payment in Dogecoin, he will also reinstate payment in Bitcoin when BTC mining uses enough renewable energy.
Due to the influence he can have on the stock markets and on the crypto market, Elon Musk’s statements are constantly scrutinized by traders and investors.
Despite a gloomy crypto market where cryptocurrency prices are at their lowest, the CEO of Tesla proves that he can still, with a simple tweet, make the price of dogecoin rebound.
A rebound that will certainly be short-lived in a cryptocurrency market that is currently going through a bear market that seems to want to settle in for a long time, due to galloping inflation and a war in Ukraine which is destabilizing economic exchanges in the world. .
A Doge price that is currently around $0.083/€0.078 on Binance.
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