Dogecoin rallies after Elon Musk tweet
Page 1 of 1 • Share
Dogecoin rallies after Elon Musk tweet
Dogecoin rallied Friday after Tesla CEO Elon Musk tweeted the carmaker would now accept the cryptocurrency as payment for merchandise.
Originally started as joke poking fun at exuberance in the crypto market, Dogecoin surged some 10% by Friday afternoon in the wake of Musk's early morning tweet.
Musk's five-word message -- "Tesla merch buyable with Dogecoin" -- garnered more than 270,000 likes on the platform and sparked a spirited, meme-filled debate in the comments section.
Meanwhile, Tesla's website for merchandise and accessories (which doesn't sell its famous electric vehicles) on Friday showed updated checkout buttons next to some of its products for those wanting to pay with Dogecoin. Among products available for purchase with Dogecoin were Tesla's "Giga Texas Belt Buckle" and its "S3XY Mug."
For years, the so-called meme coin had been worth less than a penny. After the Musk's tweet on Friday, it was trading at around 19 cents -- a big leap compared with historical lows but still roughly one-third of its record value last May of over 60 cents.
Originally started as joke poking fun at exuberance in the crypto market, Dogecoin surged some 10% by Friday afternoon in the wake of Musk's early morning tweet.
Musk's five-word message -- "Tesla merch buyable with Dogecoin" -- garnered more than 270,000 likes on the platform and sparked a spirited, meme-filled debate in the comments section.
Meanwhile, Tesla's website for merchandise and accessories (which doesn't sell its famous electric vehicles) on Friday showed updated checkout buttons next to some of its products for those wanting to pay with Dogecoin. Among products available for purchase with Dogecoin were Tesla's "Giga Texas Belt Buckle" and its "S3XY Mug."
For years, the so-called meme coin had been worth less than a penny. After the Musk's tweet on Friday, it was trading at around 19 cents -- a big leap compared with historical lows but still roughly one-third of its record value last May of over 60 cents.
_________________
8DonCo
Similar topics
» Elon Musk again ?
» Do you believe Elon Musk?
» Elon Musk Tesla CEO
» Elon Musk - Almost make it
» Elon Musk offers to buy Twitter
» Do you believe Elon Musk?
» Elon Musk Tesla CEO
» Elon Musk - Almost make it
» Elon Musk offers to buy Twitter
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum