Today news
About the same in other media
Dogecoin Sees Massive Rally as Tesla & Elon Musk Embrace It For Payments
Reading now: 189
Dogecoin (DOGE) saw a sharp rally in the market today, after Tesla's CEO Elon Musk said his company “will make some merch buyable” with the meme coin.
The surprising statement was published on Twitter by Elon Musk Tuesday morning, causing an immediate surge higher in the price of DOGE.
The statement today follows comments from Musk during an interview with Time that was published yesterday, where the outspoken CEO said that bitcoin (BTC) “at least at its base layer is maybe suitable as a store of value." However, he added that it is “not a good substitute for transactional currency.”
“Even though it was created as a silly joke, dogecoin is better suited for transactions,” Musk said.
The comments have so far (as of 12:00 UTC) led to a spike of
Read more on cryptonews.comAbout this in other media
Jack Dorsey says VC involvement means crypto users don't own Web3 — and Elon Musk seems to agree markets.businessinsider.com /2 years ago
Elon Musk takes a dig at Web3. Jack Dorsey joins him moneycontrol.com /2 years ago
Elon Musk says the metaverse seems more like a marketing buzzword right now than a reality markets.businessinsider.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
