Tesla updates payment methods to include DOGE, Dogecoin price rises 6%

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Cryptocurrencies

Tesla Inc., Elon Musk’s American multinational automotive and clean energy company headquartered in Austin, Texas, is the latest catalyst for Dogecoin (DOGE) price rally.

Tesla has integrated DOGE token in its payment options with a full FAQ on this service offering. Users will need a “Dogecoin wallet to purchase using DOGE on the Tesla Shop. Dogecoin price has surged 6% on this announcement. Tesla Inc., Elon Musk’s American multinational automotive and clean energy company headquartered in Austin, Texas, is the latest catalyst for Dogecoin price rally.

-day chart What this integration means for DOGE and crypto at large Tesla accepting Dogecoin as a form of payment could have several implications for DOGE and the broader cryptocurrency space: Enhanced popularity for Dogecoin Tesla's acceptance of Dogecoin could further boost its popularity and legitimacy, potentially driving up its value and trading volume.

 

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