After Elon Musk’s space exploration company, said that they will accept Dogecoin as payment for merchandise, alongside Musk’s other company, now they gonna expand their Dogecoin payment.
Dogecoin co-founder Shibetoshi Nakamoto tweeted some expectations for Dogecoin, and Tesla CEO Elon Musk replied that Tesla and SpaceX merchandise, and possibly more, will support Dogecoin payment.
Tesla and SpaceX merch, maybe more down the road
— Elon Musk (@elonmusk) June 18, 2022
Since early last year, the Tesla CEO has had a significant influence on Dogecoin’s price. After announcing his company’s $1.5 billion Bitcoin purchase in February 2021, he followed up with a series of enthusiastic tweets about Dogecoin, coinciding with the cryptocurrency’s eventual but brief climb to the top three by market cap.
Despite the fact that the coin has failed to return to its previous highs, Musk’s tweets continue to have an impact. When Musk revealed in December that Tesla would soon take DOGE for apparel, the token jumped another 20%, which he repeated today.
