Dogecoin is on the rise.
As of 3:58 pm on the 28th, Dogecoin is trading at 354.3 won, up 16.25% (49.6 won).
This strength seems to be due to the news that Tesla, an American electric vehicle maker led by Elon Musk, who is called the father of Dogecoin, is reintroducing a cryptocurrency payment service.
According to Cointelegraph, a media specialized in cryptocurrency on the 26th, Tesla said in a quarterly report submitted to the US Securities and Exchange Commission (SEC) in September that the company “may resume its cryptocurrency payment program in the future.”
Meanwhile, CEO Elon Musk said in June that Tesla would consider resuming support for Bitcoin payments once at least half of the Bitcoin network hashrate is powered by renewable energy.
