Elon Musk Detonates the Bomb, Dogecoin Launches

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Elon Musk, in a statement on Twitter, said that Tesla by-products can be purchased with Dogecoin. Dogecoin started to appear as a payment method on Tesla's website. This led to the rise of the popular cryptocurrency.

Billionaire businessman Elon Musk made a statement that could change the balance in the crypto money world. Sharing a post on Twitter like the previous ones, Musk stated that Tesla products can be purchased with Dogecoin. Musk has made similar statements in the past, but there has been no concrete development in this regard.

Alone; There is one thing we need to draw attention to here. Elon Musk used the word "merch" in his post on Twitter. When we translate this phrase, we see that it means "additional product, by-product". In other words, Elon Musk does not seem to be talking about a car produced by Tesla in his share. What is meant here is most probably accessories produced for Tesla cars and products such as clothes produced by Tesla outside of cars.

Tesla product can be purchased with Dogecoin (Tesla spin-offs can be purchased with Dogecoin)

Such a hamlet of Elon Musk would not surprise anyone. Because his company has been selling Tesla vehicles with Bitcoin a while ago, and he gave up on this decision in a short time. Elon's environmentalist Muse, who also explained why to abandon the decision, put forward.

Some screenshots show the testing phase has started

Some images shared on social media platforms reveal that Tesla has started testing purchasing with Dogecoin on its website. The section, which is currently visible to some users, seems to be opened to all users in the future. However, it is very difficult to say anything definite at the moment.

Elon Musk's tweet directly affected the price of Dogecoin. The cryptocurrency, which was traded at $0.16 levels before the announcement, rose above $0.20 with the statement. The cryptocurrency has gained more than 11 percent in the last 24 hours. Considering that Bitcoin is wobbly, this rise seems to be not bad at all.

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