After the massive SNL blunder that crashed the DOGE market and pissed off the dogearmy, the dogefather Elon Musk is seen re-attempting to bring back the dogecoin charm by first getting proposal to launch DOGE-1 satellite in SpaceX falcon rocket from Geometric Energy Corporation (GEC) and now considering dogecoin for his Tesla puchase.
I hope you know that you can buy a Tesla using bitcoin. It seems very soon you will be able to buy a Tesla with your DOGE coin also as hinted by Elon.
Elon Musk has asked his nearly 55 million followers on Twitter whether the electric car marker should add the meme-based cryptocurrency Dogecoin (DOGE) as a payment method. And at the time of writing this, over 2.3 million users have responded to Musk’s pool, with an overwhelming 76.8% saying they want Tesla to accept DOGE as a payment method, while 23.8% said they do not want the company to accept the cryptocurrency.
Musk’s poll on Tesla accepting DOGE payments helped the price of the cryptocurrency surge and seemingly recover from a slump that started after he appeared as a guest host on U.S. TV’s comedy sketch show Saturday Night Live.
At at time of writing this, DOGE is trading at $0.4902 after hitting an intraday high of $0.5467. The cryptocurrency’s price has been steadily dropping since it came close to the $0.80 mark before Musk appeared on Saturday Night Live.
While dogecoin is seen hustling on trading chart, other DOGE inspired cryptocurrencies have started popping up. Shiba Inu (SHIB) is a notable example. The Ethereum-based token has seen its price surge after being listed on major cryptocurrency trading platforms, even as exchanges warned the coin “poses a higher than normal risk.”