Through his social networks, Elon Musk announced this Friday (27) that goods from his two largest companies can be bought with Dogecoin. As a result, DOGE’s price shot up 15% in just 2 minutes.
Without a doubt, the richest man in the world has great influence on the value of Dogecoin and this event is further proof of that. By accepting DOGE in their stores, it is an acknowledgment of the use of this cryptocurrency as money.
Interestingly, even after Tesla bought $1.5 billion worth of Bitcoin last year, Musk insists on promoting the largest meme cryptocurrency on the market. Apparently the reason his employees like DOGE and the billionaire is to please them.
Tesla and SpaceX accept Dogecoin
According to Elon Musk, the richest man in the world, Tesla goods can now be bought with Dogecoin. Going further, the billionaire also stated that soon SpaceX products will also be available to purchase with DOGE.
“Tesla goods can be bought with Doge, soon SpaceX products too”
Tesla merchandise can be bought with Doge, soon SpaceX merchandise too
— Elon Musk (@elonmusk) May 27, 2022
In addition to producing and selling electric cars, Tesla has a large collection of merchandise for sale. For example, on the company’s website you can find caps, t-shirts, hoodies, Tesla miniatures and even Tequila bottles.
His other company, SpaceX, is not far behind. In addition to clothing, you will also find backpacks, posters, mugs and other themed items for fans of this space rocket manufacturer.
A big fan of Dogecoin, now Elon Musk wants his customers to be able to use cryptocurrency to make payments in his stores. So this is a huge acknowledgment from the billionaire that the DOGE can be a currency used in everyday life.
Dogecoin Rises After Elon Musk Tweet
In less than two minutes, the price of Dogecoin (DOGE) rose more than 15% against the dollar. From $0.0777 to $0.09 as a sign of approval for the plans of the CEO of Tesla and SpaceX.
However, in the following minutes, the cryptocurrency showed a brief correction, as seen in the image above. Anyway, it’s already up 8% (27) this Friday, which is great for the holders.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
