Musk Mis Doge up 40%! Tweet: Dogecoin is open to purchasing Tesla products.
Tesla founder Elon Musk tweeted on Dec. 14 at 6:30 p.m. Beijing time, announcing that Tesla would launch out using Dogecoin (DOGE) to purchase certain products, a% increase reported. Musk did not describe which DOGE products could be purchased.
No warning that DOGE will work 39%
“Tesla will be making some of the products available for purchase through DOGE,” Musk tweeted, “and then we'll see how the product improves.”
Almost immediately after Musk's announcement, DOGE prices rose 38% from a low of $ 0.1588 per hour to a high of $ 0.2204. , gains were lower, but stabilized around US $ 0.18 and closed at US $ 0.187 before the close, a level that has recovered well from its collapse since December.
Musk did not specify where Tesla DOGE products can be purchased. The calling circle will follow you.
Musk's tweet also raises expectations for many DOGE holders, for example, internet user Crypto Rand issued a statement that DOGE customers have been waiting for a tweet from Musk for a day to increase the currency's value. .
I'm just praising DOGE and acknowledging the problem on Twitter.
Musk announced his support for DOGE when he was named Person of the Year 2021 by Time magazine on December 13. Due to his high morale, DOGE was worth it. It may be (DOGE) born out of fraud, but DOGE is more suited to the industry, the volume that DOGE can reach is the same as it is today. More common than BTC.
At the time, Musk said DOGE was having financial problems as well, but the bottom line was a stable price. This means that over time, the cost of DOGE can be reduced, causing its users to consume.
Musk also denies that his ads have added to the confusion in the market. The market is constantly changing and the reasons behind it cannot be clearly explained. My message is the same, but is it different from the cost of a product that can change over time? I do not think so.
But when it comes to whether cryptocurrencies will eventually replace fiat, Musk remains skeptical, saying he doesn't like fiat like many in the crypto world.
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