Today news
About the same in other media
Dogecoin value jumps 20% on Elon Musk's announcement of accepting it as payment for Tesla merchs
Reading now: 249
Meme-based cryptocurrency dogecoin witnessed a massive 20 percent spurt in its value on December 14, after Tesla CEO Elon Musk said it will be accepted as payment for some of the company's merchandise.
One unit of dogecoin was trading at $0.19 at the time of writing this report. The value had jumped by nearly $0.032 or 20.45 percent as compared to the preceding day.
Crypto analysts were quick to link the jump in dogecoin's price to Musk's tweet, which stated: "Tesla will make some merch buyable with Doge & see how it goes (sic)".
Musk's tweet suggested that the electric carmaker will accept dogecoin as payment for merchandise on a test basis.
Notably, Musk is known for influencing the value of dogecoin through his remarks on social
Read more on moneycontrol.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 /3 years ago
Elon Musk takes a dig at Web3. Jack Dorsey joins him moneycontrol.com /3 years ago
Elon Musk says the metaverse seems more like a marketing buzzword right now than a reality markets.businessinsider.com /3 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.
