Tesla has begun selling certain products for the meme-cryptocurrency Dogecoin (DOGE), CEO Elon Musk said. Amid the announcement, the price of the asset rose by 15%, according to CoinGecko.
Tesla merch buyable with Dogecoin
— Elon Musk (@elonmusk) January 14, 2022
Some products on the website of the manufacturer of electric cars can only be purchased for cryptocurrency. At this stage, buyers are not given the opportunity to choose a form of payment.
Journalist Colin Wu drew attention to the Tesla support subsite page, which states that the company only accepts Dogecoin for payment. The manufacturer does not support other digital assets and emphasizes that senders of incorrect transfers will lose their money.
Breaking: Tesla states that Tesla only accepts Dogecoin in crypto. Tesla cannot receive or detect any other digital assets. https://t.co/AYo6wnBfSB pic.twitter.com/fldtT0F8RY
— Wu Blockchain (@WuBlockchain) January 14, 2022
The fact that Tesla was testing payments in DOGE was noticed by Twitter users a few days ago. They discovered a hidden code indicating the company’s plans to integrate payment in cryptocurrency.
Not that much of a news, for today… 😂https://t.co/ZxzSPoirCm
— Salty_Word_624 (@CalisCihan) January 12, 2022
DOGE quotes reacted with growth by 15%. At the time of writing, the asset is trading near $0.198.
Hourly DOGE/USDT chart on Binance. Data: Trading View.
Recall that in December 2021, Elon Musk announced that Tesla would release merchandise that could be bought for DOGE. The billionaire did not reveal any details, but noted that the company will “see how it goes.”
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