Tesla now accepting Dogecoin for some of its Merch
The Electric car company Tesla has announced that it will sell some of its merchandise in Digital currency. However, electric cars are not included in this category.
Moreover, the billionaire and Ceo of Tesla Car company Elon Musk said that The company is accepting digital currency instead of dollars for some of its products.
Moreover, On Friday, Elon Musk tweeted that: "Tesla merch buyable with Dogecoin."
In addition to this, some of the products are shown on the website of Tesla in which there was "Giga Texas Belt Buckle,".The price of this product was given in Dogecoin.
Moreover, if we look at the previous valve of the cryptocurrencies, we will find that Elon Musk has a significant influence on the value of these currencies.
For example, at the end of the last year, Dogecoin rose more than 10% after the tweet of Elon musk on Friday.
Moreover, the value of Dogecoin also surged when Musk said that the company was going to make some products that would be purchasable on Dogecoin.
In addition to this, he also said that the company would accept Dogecoin as payment for its products, but then, later on, they did follow this promise and suspended the purchases.
He also added that he also has ethereum and Dogecoin along with Bitcoin.
As he and his company bought $1.5 billion Bitcoins. This stack is much higher than his stock of Dogecoin and Ethereum.
Dogecoin was started in 2013 as a joke. Then, it was centred around a Shiba Inu internet meme.
But now its value is increased 2000% from the last year. And it is purely due to the influence of Elon Musk.
So the Dogecoin is closely associated with Elon Musk, the World's richest person.
Due to his tweets, its value has been surged up in the last 2 years, as when He Twitted a faux "Dogue" magazine cover to his millions of followers.
He mentioned it again, and its value was sent to 80% intraday.
Moreover, He is called the "The Dogefather" in the cameo appearance of Dogecoin last year.
Then the other members asked him what Dogecoin is, and he answered, "Yeah, it's a hustle."