The famous and controversial cryptocurrency Dogecoin soared today Friday after the CEO of Tesla, Elon Musk, said that his electric car manufacturer will start accepting the cryptocurrency as a form of payment for the merchandise they sell.
“Tesla merchandise that can be bought with Dogecoin,” Musk tweeted.
Tesla merch buyable with Dogecoin
— Elon Musk (@elonmusk) January 14, 2022
Previously, a published tweet in mid-December where he said that Dogecoin payments will be allowed on a trial basis caused the cryptocurrency to rise more than 20%, as reported on CNN.
Dogecoin, which is one of the most popular cryptocurrencies among investors, rose by 18% over $0.20 cents after e’s tweet This Friday.
It should be remembered that the tweets that Elon Musk has made about Dogecoin, including one in which he called it the ‘people’s cryptocurrency’, pushed up the price of the cryptocurrency itself and caused it to skyrocket by roughly 4000% in 2021.
Tesla merchandise, which also includes the “Cyberwhistle” whistle and the The recently launched “Cyberquad for Kids” children’s car is a hit with fans of the company and Elon Musk and usually sells out within hours of being on sale.
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