Tesla will accept Dogecoin for some Merchandise: Elon Musk

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Tesla will accept Dogecoin for some Merchandise: Elon Musk
16 Dec 2021
3 min read

News Synopsis

Tesla CEO has been a great supporter of dogecoin and Japanese Shiba Inu dog-themed cryptocurrency.Recently the CEO of the company announced that the company will allow  the people to purchase Tesla’s  merchandise with the meme cryptocurrency dogecoin.Meme coins are cryptocurrencies, inspired by popular social media jokes, humor and sarcasm. Dogecoins are the first meme-coin launched in 2013. Presently dogecoins gain more popularity and reputation along with it becoming the 10th largest cryptocurrency with a worth of $32.54 billion.Before the CEO announced, the price of the dogecoin was down but then a miracle happened which raised price upto 30%

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