HomeCoinsAltcoinsTesla Accepts Dogecoin (DOGE) for Merchandise, DOGE Price Surges 18%

Tesla Accepts Dogecoin (DOGE) for Merchandise, DOGE Price Surges 18%

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  • A QR code is provided after clicking the “Pay Now” button.
  • The poll had gathered more than 500,000 votes.

The Tesla shop began accepting Dogecoin (DOGE) payments in Asian hours today, and prices rose by 18% soon afterwards. Dogecoin is now being accepted and denominated on Tesla’s online store. Items like the Giga Texas Belt Buckle, Cyberquad for Kids, and the Cyberwhistle were listed in DOGE under the shop’s “lifestyle” section.

According to our research, Cyberquad for Kids costs 12020 DOGE, the belt buckle costs 835 DOGE, and Cyberwhistle costs 300 DOGE. Billy Markus, a co-founder of Dogecoin, tweeted this morning about Tesla’s action.

A QR code is provided after clicking the “Pay Now” button, and the consumer needs to fill out a form that enables DOGE payments on the website. After 30 minutes, the DOGE sum expires unless payment is completed. The payment page has a countdown clock.

Elon Musk, CEO of electric-car manufacturer Tesla, indicated in December 2021 that the company would accept Dogecoin as payment for its products. This comes over a month later. Elon Musk tweeted that Tesla merchandise may now be purchased with Dogecoin only a few hours before. Read the tweet below;

Executed as per the Poll Result

Earlier last year, Tesla began taking bitcoin as payment for its EVs. The pilot program was quickly cancelled because of growing worries about Bitcoin’s energy consumption. Even before being chosen ‘Person of the Year’ for 2021 by Time magazine, Musk, a cryptocurrency lover, has backed Dogecoin and stated it is superior for transactions. Last year, Musk asked Twitter followers whether or not they wanted Tesla to take Dogecoin. Within 20 minutes of its broadcast, the poll had gathered more than 500,000 votes, with 75% of respondents answering “Yes.”

Read More: Bitcoin Price Prediction

Read More: Dogecoin Price Prediction

According to CoinMarketCap, the Dogecoin price today is $0.200809 USD with a 24-hour trading volume of $4,423,655,169 USD. Dogecoin has been up 17.94% in the last 24 hours.

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