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Elon Musk Publicizes Dogecoin (DOGE) Adoption at Tesla, Ignites Memecoin Explosion

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Tech billionaire Elon Musk is at it once more, sending Dogecoin (DOGE) costs hovering with a easy, five-word tweet.

On Thursday night time, the Tesla CEO tweeted affirmation of much-anticipated information: Tesla clients can now buy merchandise with the unique memecoin.

The announcement was no shock as Musk confirmed plans final month to start accepting the dog-themed crypto as cost for choose merch.

Tesla’s Dogecoin assist web page confirms the information, stating,

“All eligible Tesla merchandise shall be clearly priced in Dogecoin. 

This worth will embrace any relevant taxes.”

Solely sure merchandise objects can be found for DOGE funds, such because the Giga Texas Belt Buckle (835 DOGE), Cyberwhistle (300 DOGE) and the Cybertruck-inspired Cyberquad for Youngsters (12020 DOGE).

In response to the information, DOGE jumped 23% from a 24-hour low of $0.16 to a 24-hour excessive of $0.20.

Dogecoin has since corrected barely and is buying and selling for $0.19 at time of writing, a 16.24% improve over the previous 24 hours.

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Featured Picture: Shutterstock/Almujaddidi



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