Today news
About the same in other media
Elon Musk says Tesla will start to accept dogecoin for some merchandise – sending the meme token soaring 15%
Reading now: 350
Maja Hitij/Getty Images
Elon Musk has said Tesla will let people purchase some of its merchandise with the meme cryptocurrency dogecoin.
«Tesla will make some merch buyable with Doge & see how it goes,» Musk tweeted Tuesday.
Dogecoin's price was down before Musk's announcement but then skyrocketed. It was last up 15% to $0.19003, according to crypto data website Coingecko.
The Tesla CEO has been a long-running supporter of dogecoin, a cryptocurrency that was started as a joke in 2013.
He asked his Twitter followers in May whether Tesla should start accepting doge, to which the overwhelming response was «yes.»
Earlier in May he said he thought dogecoin could ironically become the future of cryptocurrencies.
Tesla would not be the first company to
Read more on markets.businessinsider.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.
