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Dogecoin Will Be Used By Tesla At Some Point, Says Elon Musk

Elon Musk finally disclosed why supports Dogecoin (Doge) and also confirmed that Tesla will use Dogecoin at another level in the future.

Elon Musk is the richest person in the world and probably he doesn’t need an introduction from any person in the world. Musk has loved Dogecoin since 2020. His electric vehicle manufacturing company Tesla also accepts Dogecoin for some merchandise. Musk faced huge legal hurdles in the past for the advocacy of Dogecoin (Doge).

On 14 March 2024, A Dogecoin proponent X account shared a video of Elon Musk in which Musk talked about Dogecoin.

Musk said that he talks about Dogecoin because some people, not rich, who work at Tesla asked him to talk about Dogecoin.

He also added that in the future at some point Tesla will accept Dogecoin payment.

All these statements by Musk are proof that Musk is not going to stop his love for Dogecoin but acceptance of Dogecoin payment by the Tesla company at a big level will be only a matter of time.

In the last 24 hours, many crypto-centric people shared these videos on social media platforms. All such developments acted as a catalyst to pump the trade price of Dogecoin by 15%.
The current trade price of this crypto token is $0.18 & this trade price has been 17% higher over the last 7 days.

It is worth it to note that Elon Musk was highly active in the crypto market during the 2021 bull run but in this bull phase, he is not active enough.
Yesterday he shared a meme & used a Pepe token-themed frog 🐸. In another tweet, he used the crypto blockchain concept to criticise the US Federal Reserve for manipulating the value of the US dollar.

Read also: BNB coin hits $630, as devs announced BEP 336 upgrade

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