Dogecoin (DOGE) skyrocketing after Elon Musk says Tesla will start accepting it as payment

Dogecoin (DOGE) skyrocketing after Elon Musk says Tesla will start accepting it as payment
фото показано с : coinjournal.net

2021-12-15 12:07

On 14th December, DOGE price went up by over 25% and became the only major cryptocurrency to deliver gains for the day as the rest of the coins including Bitcoin (BTC) and Ethereum (ETH) nose-dived.

After consolidating, DOGE is currently trading at $0.1819 and still in the green with a 13.17% rise in the last 24 hours.

Why is Dogecoin (DOGE) price rising?

Previously, DOGE had followed Bitcoin (BTC) and other major Cap tokens in the drop over the course of the week.  

The current DOGE price rise is attributed to Elon Musk’s announcement that DOGE will soon be accepted as payment for merchandise by Tesla.

The current turnaround for the meme coin that had been on a slippery slope has given DOGE holders 10% weekly gains.

Musk tweeted that Tesla will make some merchandise buyable using DOGE and see how it goes.

pic.twitter.com/tXh5YSq2lX

— أحمد (@A7imd) December 14, 2021

After the announcement, Tesla adopted the unusual way of only accepting one cryptocurrency (Dogecoin) out of all possible cryptocurrency options.

The move is seen as a risk by Musk to challenge Bitcoin supporters after he disqualified BTC purchases for Tesla vehicles allegedly due to environmental concerns.

Musk ‘’person of the year’’ as declared in the Time Magazine, said that Dogecoin is better for transactions than Bitcoin, adding to the longstanding public praise record for DOGE.

“The total transaction flow that you do with Dogecoin, like transactions per day, is much higher potential than Bitcoin.” 

The post Dogecoin (DOGE) skyrocketing after Elon Musk says Tesla will start accepting it as payment appeared first on Coin Journal.

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Dogecoin (DOGE) на Currencies.ru

$ 0.162 (+0.35%)
Объем 24H $759.544m
Изменеия 24h: 2.10 %, 7d: -2.41 %
Cегодня L: $0.1605 - H: $0.162
Капитализация $23.424b Rank 8
Цена в час новости $ 0.1737 (-6.74%)

doge accepting payment dogecoin start elon skyrocketing

Источник: coinjournal.net

doge accepting → Результатов: 24


Фото:

American Cinema Giant AMC Theatres Now Accepting Dogecoin (DOGE) for Its Gift Cards

AMC Theatres has announced that dogecoin (DOGE) and other cryptocurrencies are now accepted payment options for its digital gift cards, according to a tweet on October 6, 2021. Dogecoin  for Gift Cards AMC Theatres, America’s largest movie theatre chain, has taken a major leap forward in its ambition to fully make bitcoin (BTC) and altcoinsRead More

2021-10-6 17:00


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