Today, DogeDesigner shared the news that Elon Musk's Boring Company accepts Dogecoin payments, sparking heated discussions. The tweet attracted 140,000 views, with the coin price skyrocketing from $0.428 to $0.48 within an hour, a rise of up to 12%, reaching a new high since May 2021. (Background: Musk's voice leak "I have a lot of Dogecoin DOGE!", SpaceX also has a lot of Bitcoin) (Additional context: Musk's DOGE recognition "SEC is garbage" wants to fire? Response to Gensler: I heard you guys work one day a month) With Tesla CEO Musk recently appointed by Trump as the head of the government efficiency department (DOGE), and since the department's abbreviation is the same as Dogecoin (DOGE), it has brought significant attention and exposure to Dogecoin, driving its price to surge. Boring Company supports Dogecoin payment. Today at noon, DogeDesigner, the UX/UI designer of Dogecoin and MyDoge wallet who has frequently interacted with Musk on the X platform, posted a tweet about Dogecoin use cases. In just 4 hours, this tweet attracted over 140,000 views and 778 retweets, possibly laying the foundation for Dogecoin's strong performance today. He stated: Elon Musk's Boring Company accepts Dogecoin payments, you can book a ride and pay in Doge. This post sparked enthusiastic responses, with many netizens commenting: "Doge will soon rule the world", "Doge to the moon", fully demonstrating the community's strong support for Dogecoin. Note: Boring Company is a tunnel excavation and infrastructure development company founded by Musk, dedicated to solving urban traffic congestion through the construction of underground tunnel systems. The company's core project Loop, similar to an underground high-speed transportation system, operates using Tesla vehicles and is thus described as "Tesla in a tunnel". Its Vegas Loop, costing approximately $47.5 million to build, officially opened in mid-2021 at the Las Vegas Convention Center, with plans to expand to the airport, downtown, and other important locations. Elon Musk's Boring Company accepts Dogecoin. You can book a ride and pay in doge. pic.twitter.com/x2LbUdkNmA — DogeDesigner (@cb_doge) November 23, 2024 Dogecoin spikes. As soon as this tweet was released, Dogecoin immediately soared from $0.428 to $0.48, with a rise of up to 12% within 45 minutes, reaching a new high since May 2021. Although the price has since retreated, it currently reports at $0.4549, but has still risen over 15.71% in the past 24 hours. Dogecoin price trend chart. Boring Company announced acceptance of Dogecoin in mid-2022. However, this is actually not new news. Because as early as mid-July 2022, Boring Company announced that it would accept Dogecoin as a payment option for passengers using the Vegas Loop system. The statement at that time indicated that passengers could scan QR codes to purchase tickets at the "Resorts World" station and choose to pay with Dogecoin, credit cards, or USD. According to the Boring Company’s official website, the Vegas Loop currently has four routes, with stops including Harry Reid International Airport, Las Vegas Convention Center (LVCC), Allegiant Stadium, and downtown Las Vegas. Depending on distance, ticket prices range from $5 to $12. Related reports: Musk's Boring Company builds a "Vegas Tunnel" that accepts Dogecoin payments: I will fully support Doge! Musk turns salesman! Promoting Boring Company's "Burnt Hair" perfume, accepting Dogecoin payments. Dogecoin becomes the 6th largest cryptocurrency! "Targeting $1", will DOGE replicate the 2021 surge? "Musk's 'Underground Tunnel' Boring Company accepts Dogecoin payments, DOGE jumps 12% to create a new three-and-a-half-year high." This article was first published on BlockTempo (the most influential blockchain news media).

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