Is Dogecoin Price Already In A Bull Run?
The current surge in Dogecoin price after a long correction zone has speculated rumors of the meme coin entering a bull run already. Learn the truth behind that.
Dogecoin has exhibited a good surge in the last few days, where the token price has increased more than 12% in seven days. At the time of writing, DOGE price is currently valued at $0.1587. The trading volume is also up by 38%, pushing the value to $1,653,651,967. However, the token did face a slight decline in the last 24 hours as the value has dropped 5%, and the market cap has reduced to $22,846,572,855 after a 5% decline as well.
Elon Musk Pushed The Dogecoin Price
Elon Musk has again teased the audience about accepting Dogecoin for payment at his company, Tesla. Earlier in March, Elon talked about the possibility of accepting Dogecoin in an event at the Tesla factory in Germany. This discussion was a part of the Q&A round, which asked, “When can you buy a Tesla with Dogecoin?”
Elon said, “You know, at some point, I think we should enable that.”
And now that has come true as Tesla has announced the acceptance of the Dogecoin for Merchandise shopping at Tesla. The EV company also cleared that, at this time, they are only accepting Dogecoin.
