Elon Musk Asks if Tesla Should Accept Dogecoin, Crypto’s Fans Celebrate
- Date: 11-May-2021
- Source: Newsweek
- Sector:Financial Markets
- Country:Middle East
Elon Musk Asks if Tesla Should Accept Dogecoin, Crypto’s Fans Celebrate
Dogecoin's fanbase has reacted with excitement after self-styled "Dogefather" Elon Musk hinted that Tesla could be considering acceptance of payments made in the cryptocurrency.
Musk, who is the CEO of the electric car company, posted a poll on Twitter Tuesday morning asking: "Do you want Tesla to accept Doge?"
The tweet has triggered a swell of enthusiasm on social media, as well as an instant rise in Dogecoin's value, with the cryptocurrency surging from $0.46 to $0.54 in the moments after Musk's poll went live, according to CoinMarketCap.