Elon Musk asked his followers about Tesla accepting Dogecoin
Elon Musk asked his followers about Tesla accepting Dogecoin

Entrepreneur Elon Musk asked his Twitter followers if Tesla should start accepting Dogecoin as payment for his cars.

The proposal immediately received strong support from its supporters: within 10 minutes of the poll being published, nearly 400,000 people voted and nearly 80% of the respondents agreed.

Any Tesla support could help accelerate the growth of the cryptocurrency, which was originally built as a hoax.

But Tesla also has to deal with sharp fluctuations in the value of cryptocurrencies.

The price of Dogecoin increased nearly 10,000% in 2021, but at the same time its price has often decreased.

The proposal comes after Elon Musk announced that his other company, SpaceX, will launch a satellite called Doge-1 on the surface of the moon the next day tomorrow.

The cost of the mission will be borne by the entire cryptocurrency, he said, making it the first cryptocurrency to enter space.

Tesla began accepting Bitcoin as a payment method and bought a large number of cryptocurrencies earlier this year.

In cryptocurrencies, Bitcoin sometimes makes more money than the main car dealership business due to the high price of Bitcoin.

Experts suggest that Tesla's support makes Bitcoin more legal and that such an introduction could help cryptocurrencies rise.

Minutes after Tesla announced its support for Bitcoin in February, the token price rose 14%.

After reaching an all-time high on Saturday after the price of cryptocurrencies plummeted for a few days, Musk made a proposal to support Dogecoin and its price has fallen 0.6% in the past 24 hours.

The ups and downs seemed to be the result of Elon Musk's Saturday Night Live appearance, as the price gradually rose before the show started and then declined during the actual broadcast because Musk was only slightly reminded of him.

Elon Musk's new tweet about Tesla's potential support for the currency helped him regain some of its value, and within minutes of the vote, the price rose by nearly 17%.

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