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.