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Elon Musk Considers Adding Dogecoin (DOGE) As Tesla Payment Option

Solomon Odunayo May 11, 2021 2 min read
Elon Musk Approves a New Use Case for Dogecoin (DOGE)

Elon Musk, the CEO of the electric car company, Tesla, and founder of SpaceX, has recently shown to the crypto community that he’s considering the addition of the meme token, Dogecoin (DOGE), as a Tesla payment option.


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The billionaire tech expert launched a poll to this effect on Twitter a few hours ago, asking his over 53 million followers if they want Tesla to accept Dogecoin (DOGE).

Read Also: Dogecoin Price Spikes 20% after Elon Musk Reveals He Bought DOGE for His Baby Son

Elon Musk tweeted, “Do you want Tesla to accept Doge?”

Do you want Tesla to accept Doge?

— Elon Musk (@elonmusk) May 11, 2021

As expected, the poll has garnered a lot of reactions. Currently, over 1.2 million users have responded to the poll and 77% of the respondents support the potential development.

Read Also: Elon Musk Just Changed His Twitter Bio to Bitcoin, BTC Price Skyrockets

Can Tesla Ever Accept Payments in Dogecoin (DOGE)

The Dogecoin community has been longing for such a moment when DOGE holders will able to purchase a Tesla car directly without the need for conversion.

In February 2021, the anticipation of such a likely development grew wider after Tesla announced the incorporation of Bitcoin (BTC), the largest cryptocurrency by market cap, into its payment option.

The addition of Bitcoin boosted the hope of integrating Dogecoin (DOGE), due to the interest of Elon Musk in the crypto created out of meme.

It can be recalled that DOGE has been one of the best performers since the start of the year. The cryptocurrency has also accrued a lot of engagements from celebrities across the world, which has been aiding its massive price uptrend.

Read Also: Dogecoin (DOGE) Hits All-Time High Ahead of Elon Musk’s Saturday Night Live (SNL) Debut

Aside from Elon Musk’s factor, Dogecoin (DOGE) has been touted several times by people like Mark Cuban, Snoop Dogg, among others.

Moreover, a lot of reputable companies have enabled DOGE payments for their services. Howbeit, if Tesla proceeds with the addition of Dogecoin as a payment option, it would be the biggest firm to do so.


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Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$29,592.00
0.24%
ethereum
Ethereum (ETH)
$1,883.73
-3.48%
tether
Tether (USDT)
$1.00
-0.05%
usd-coin
USD Coin (USDC)
$1.00
-0.17%
binancecoin
BNB (BNB)
$314.71
-3.25%
ripple
XRP (XRP)
$0.397769
-1.13%
Binance USD
Binance USD (BUSD)
$1.00
-0.04%
cardano
Cardano (ADA)
$0.496763
-2.71%
dogecoin
Dogecoin (DOGE)
$0.080180
-3.76%
polkadot
Polkadot (DOT)
$9.40
-4.93%

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