Elon Musk Revives Dogecoin Payments for Tesla:
1. Dogecoin Payments Resumed: Elon Musk confirmed that Tesla will bring back Dogecoin (DOGE) payments for merchandise, following a legal win.
2. Legal Victory: A U.S. District Court dismissed a lawsuit accusing Musk and Tesla of manipulating DOGE prices, stating that Musk’s tweets were "aspirational and puffery."
3. Potential Expansion: Currently limited to merchandise, Tesla may expand DOGE payments to vehicle purchases in the future.
4. Market Reaction: DOGE price surged by 20% after the announcement, currently trading at $0.101, with increased trading volume signaling heightened interest.
5. Price Outlook: Analysts predict a potential rally to $1 if Tesla fully integrates Dogecoin payments and market momentum continues.
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