in the event “ Dogecoin Foundation Launch Event” or Dogecoin Foundation Launch Event held on March 14, 2024 in the city Austin, Texas United States
Tesla CEO Elon Musk has said that Tesla will enable payments with Dogecoin ($DOGE) “very soon.”
The tweet created an uproar among cryptocurrency fans. Especially Dogecoin fans, $ DOGE price jumped more than 12% immediately after the tweet.
Image: DOGE price chart at the time of the report.
Elon Musk is known to be an avid fan of Dogecoin and has frequently tweeted his support for the coin. He also announced that SpaceX, his space company, would accept Dogecoin as payment for sending satellites to the moon.
Musk’s latest announcement is sure to have a positive impact on Dogecoin.
However, there are no exact details on when Tesla will start supporting Dogecoin payments and which products/services will be able to be paid for with $DOGE coins.
In this regard, analysts see that Musk’s announcement may be a marketing strategy. To attract attention to Dogecoin and Tesla
But be it strategy or whatever. One thing is certain: Dogecoin is gaining traction. More investors during this period
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