•Elon Musk is looking to make Dogecoin (DOGE) payment available for Tesla cars.
•Send Elon Musk, the richest man in the world and CEO of Tesla. Shockwaves rippled through the cryptocurrency industry with a stunning announcement regarding Dogecoin (DOGE). Musk indicated that he is exploring the possibility of adding DOGE as a means of payment for purchasing Tesla (NASDAQ: TSLA) cars.
•Elon Musk Offers Dogecoin Payments to Tesla Elon Musk recently visited Tesla's German factory near Berlin due to a suspected arson and mentioned Dogecoin during his onstage speech. He stressed the importance of launching DOGE as a payment method for Tesla and noted that this would be possible at some point. Moreover, he expressed optimism about the future of the meme currency and said with great joy: “Dogecoin to the moon.”
•If this announcement becomes true, it will mark a huge milestone for the DOGE cryptocurrency. Which is currently at risk due to its rival Shiba Inu (SHIB). Meanwhile, Musk confirmed that DOGE could be used as a way to acquire Tesla merchandise currently. Furthermore, Musk highlighted his unwavering support for Doge cryptocurrencies and highlighted why he has endorsed Dogecoin in the past.
•Musk revealed that while he was working at Tesla and Space Many people asked him to support Dogecoin. In the end, Musk agreed that DOGE is “the people’s cryptocurrency” and decided to support the king of meme coins. Moreover, he also highlighted that a large number of “rich people” were supporting Bitcoin (BTC) but he chose DOGE due to the demand made by the general public. Additionally, Musk spread optimism, saying: “DOGE is for you.”
•Competition between DOGE and SHIB is heating up The Shiba Inu has seen a rise in demand. Surpassing Dogecoin in terms of weekly trading volume. Despite Dogecoin's position as a market leader in the field of memes cryptocurrencies. The Shiba Inu outperformed DOGE in trading volume last week. SHIB recorded a staggering $31 billion trading volume last week.
$DOGE to the moon 🔥
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