Thursday, May 27, 2021

Will Tesla accept DOGE for its cars?

Tesla CEO Elon Musk has once again stirred the proverbial "pigeon's nest" with another tweet about Dogecoin (DOGE). A survey [...] https://www.pinterest.com/pin/1085437947660215829/

Tesla CEO Elon Musk has once again stirred the proverbial "pigeon's nest" with another tweet about Dogecoin (DOGE). Survey on DOGE payments for Tesla cars On Tuesday, Musk took a poll on Twitter asking respondents if they want Tesla to accept Dogecoin as a payment method. The poll, posted at 8:00 a.m. UTC, garnered more than 400,000 responses in the first 10 minutes and is almost at the 1 million mark at the time of this writing. Musk's Twitter poll will run for 24 hours and could be an announcement of the company adding the popular meme coin as a payment method for its electric vehicles. Dogecoin supporters have previously urged the Tesla CEO to add the Shiba Inu-inspired cryptocurrency to the list of accepted payment methods. And this time, responses to the survey were overwhelmingly positive. Some 78% of respondents supported Tesla's acceptance of Dogecoin payments. DOGE is on the rise again As expected, Musk's tweet caused a significant reaction to the Dogecoin price. The DOGE token saw a sudden spike in price to coincide with the release of the survey. Dogecoin has risen more than 10,600% since the beginning of the year. At the beginning of May, it seemed that it would reach the $1 level thanks to the hot market enthusiasm. The enthusiasm for Dogecoin was so high that, according to Google Trends, search interest in DOGE surpassed Bitcoin for the first time. Tuesday's tweet is the latest linking Dogecoin to one of Musk's companies. Two days earlier, Geometric Energy Corporation - a Canadian manufacturing and logistics company - announced plans for a DOGE-powered payload on one of SpaceX's first rockets headed to the moon. Tesla already accepts Bitcoin (BTC) as a payment method for its electric vehicles. The company announced this back in March, while also announcing its intentions to launch a Bitcoin hub. Tesla has also stated that it will keep BTC received as payment for its cars. Tags doge dogecoin Elon Musk SpaceX Tesla

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