Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

The bullish news comes months after the billionaire entrepreneur said DOGE was a better token to transact with than Bitcoin. Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla would start accepting it as payment for merchandise. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part of a larger intraday rally that already was taking place before Musk's Dogecoin tweet went viral. The DOGE price went up by over 25% on....


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Tesla launches Dogecoin payments for merch but there is a catch

Tesla starts accepting Dogecoin payments for company merchandise. However, the firm states that they will not issue refunds for DOGE purchases. Tesla CEO Elon Musk announced that Tesla now accepts Dogecoin (DOGE) as payment for the company’s merchandise. DOGE-eligible products in the Tesla store can be purchased by sending DOGE to Tesla’s Dogecoin wallet. While it's accepting DOGE, the firm also clarified that they are not taking any other crypto. The company states that it cannot detect other assets but DOGE on its website. The business tells customers that "non-Dogecoin digital assets....

SpaceX to follow Tesla in accepting DOGE payments for merch: Elon Musk

If things work out just as planned by the world’s richest man, Musk might eventually start allowing DOGE payments for Starlink subscriptions. Just four months after EV manufacturer Tesla started accepting Dogecoin (DOGE) for merchandise purchases, Elon Musk announced his plan to extend the payment option for his space exploration company, SpaceX. Musk, the CEO of SpaceX and Tesla, has been a staunch supporter of the DOGE ecosystem since 2019 and has since publicly revealed interest in accepting meme coin payments across his multibillion-dollar enterprises.Tesla merch can be bought with....

Dogecoin gains 25% after Elon Musk confirms Tesla will accept DOGE for mercha...

DOGE will be the only cryptocurrency that Tesla currently supports once payments begin. Dogecoin (DOGE) saw a sudden price increase on Dec. 14 after Elon Musk announced that Tesla would begin accepting it for some purchases.DOGE/USD 1-hour candle chart (Bittrex). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed DOGE/USD climbing over 25% to become the only major cryptocurrency to deliver gains on the day.The meme-based altcoin had followed Bitcoin (BTC) and other large cap tokens downwards over the course of the week, but the turnaround gave DOGE holders 10%....

Dogecoin Soars After Elon Musk Announces Tesla Will Accept DOGE

Dogecoin got a boost Tuesday morning when Elon Musk announced that Tesla will be accepting dogecoin for some products. Musk has just been named Time Magazine’s Person of the Year and said that DOGE is more suitable for transactions than bitcoin. Tesla Will Begin Accepting Dogecoin Tesla CEO Elon Musk has announced via Twitter that his electric car company will accept dogecoin (DOGE) for some products. In a tweet Tuesday morning, Musk wrote: “Tesla will make some merch buyable with doge & see how it goes.” The announcement came just one day after Musk was named Time....

Tesla To Accept Dogecoin For Merchandise, Token Soars 30%

Tesla CEO Elon Musk said the electric-car maker will take dogecoin as payment for its merch, causing the cryptocurrency to soar by as much as 33%. Elon Musk’s Revelation Sends Dogecoin Up 30% Prior to Musk’s revelation, the price of Dogecoin was declining, but it immediately soared by as much as 30%. According to cryptocurrency statistics website Coinmarketcap, it was recently up 26% at $0.2092. Musk said in a tweet: “Tesla will make some merch buyable with Doge & see how it goes. The Tesla CEO has long been a backer of dogecoin, a cryptocurrency based on a Japanese Shiba....