Oyogist has learned that Elon Musk the CEO of Tesla and space X has announced that Tesla Inc. will accept payment in Dogecoin for some merchandise.
Shortly after musk made the announcement, Dogecoin rose to 33%.
Some of Tesla’s “merch” would be buyable with the digital coin, the chief executive officer said Tuesday, with products including the $150 Giga Texas belt buckle featuring the carmaker’s logo. Last month, Tesla’s $50 Cyberwhistle sold out almost immediately.
Let’s See how it goes,” Musk said.
Dogecoin rose to a high of $0.20 after the tweet, declining to $0.18 after the initial spike.
Over the years, Elon Musk has been a stern supporter of Dogecoin, a “meme” cryptocurrency featuring a picture of a Shiba Inu dog.
The tweets from the world’s richest person have contributed to its rising popularity.
