Elon Musk’s Tesla approved this crypto, the price increased by 25 percent
The CEO of US-based electric car maker Tesla, Elon Musk, has been very interested in cryptocurrencies. Last year, when Musk announced the approval of the first bitcoin to pay for Tesla, this currency had a tremendous jump.
Now the Dogecoin cryptocurrency has jumped 25 percent. Actually, Elon Musk has written on his Twitter account that Dogecoin is being accepted for the purchase of Tesla’s merchandise. Dogecoin cryptocurrency got wings after this news. In the last 24 hours, its price has jumped from $ 0.1623 to $ 0.2029.
Let us tell you that Tesla does not accept Dogecoin for electric cars. At the same time, one can technically buy electric vehicles with the biggest meme coin. Tesla’s CyberQuad can be purchased with meme tokens.
Since its launch in 2014, the Dogecoin cryptocurrency has given investors approximately 45,000 percent returns. However, it is trading around 35 per cent below its all-time peak. As of now, the Dogecoin cryptocurrency has entered the top 10 digital tokens in terms of market cap.