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Elon Musk's mention of Dogecoin as a potential payment option for Tesla cars during a Q&A session at Tesla’s Berlin Gigafactory led to a surge in Dogecoin's price, rising by 14% for the week. This spike underscores Musk's influence on the cryptocurrency market.
I believe that this coin will get pump up in the next couple months and years , If Tesla, a major player in the automotive industry, adopts Dogecoin as a payment and transaction method, it could significantly impact Dogecoin's price. The endorsement from such a giant company would likely lead to increased adoption and legitimacy for Dogecoin, potentially driving its price higher in the cryptocurrency market.