🚀 Buckle up, Bitcoin enthusiasts! 🚀 Tesla, the electric car giant led by Elon Musk, has officially integrated Dogecoin (DOGE) as a payment option on its website. This month, DOGE has rocketed over 35%, with the Tesla announcement significantly fueling its rise. 📈

Tesla's payment page now features the OG meme coin, specifying that DOGE can only be used for select products, including merchandise within the online Tesla Shop. 🛍️ To make a purchase using Dogecoin, customers must first own a “Dogecoin wallet.”

Following the announcement, Dogecoin surged by 21% to $0.1685, currently trading at $0.1672, marking a 4% increase in the last 24 hours. 🎉 The market's response to Tesla's adoption of the cryptocurrency for payments has been overwhelmingly positive.

Analysts suggest that DOGE is on a bullish path. 🐂 Over the past three months, the number of non-empty DOGE wallets has surged by 13.8%. Daily active addresses have experienced a 20% increase, surpassing 66,000. As of May 4, Dogecoin stood out as one of the top performers with a 6% increase doubling down on its bull run. 🚀

This isn't the first time Musk's companies have dabbled in cryptocurrency payments. In January 2022, Tesla began accepting Dogecoin as an experiment, offering various company merchandise for DOGE. SpaceX, another Musk-led company, also embraced Dogecoin payments. In March 2024, Musk hinted at implementing Dogecoin payments for Tesla’s electric cars, causing a 10% price surge in DOGE. 🌕🐕

Stay tuned, Bitcoin enthusiasts! The crypto world is full of surprises! 🎉🚀