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Elon Musk asks Twitter whether Tesla should accept Dogecoin for cars



Tesla CEO Elon Musk has stirred the proverbial “doges’ nest” as soon as once more with one other tweet in regards to the quintessential meme coin, Dogecoin (DOGE).

Tweeting on Tuesday, Musk ran a Twitter ballot asking respondents whether they need Tesla to accept Dogecoin as a cost technique.

Would you like Tesla to accept Doge?

— Elon Musk (@elonmusk) Might 11, 2021

The ballot, posted at 8:00 a.m. UTC, garnered over 400,000 responses within the first 10 minutes and is sort of on the a million mark as of the time of writing. Musk’s Twitter ballot will run for 24 hours and might be a precursor to the corporate including the favored meme coin as a cost technique.

Dogecoin proponents have been urging the Tesla CEO so as to add the Shiba Inu-themed cryptocurrency to its listing of accepted cost strategies given Musk’s obvious fondness for the token.

Certainly, responses to the ballot has been overwhelmingly favorable with about 78% of respondents in assist of Tesla accepting Dogecoin funds.

As anticipated, Musk’s tweet has brought about a big response within the Dogecoin value with the 15-minute chart displaying a sudden value motion surge for DOGE coinciding with the time when the ballot was printed.

Supply: TradingView

Dogecoin is up greater than 10,600% year-to-date and appeared on the right track for the $1 mark earlier in Might on the again of feverish market enthusiasm.

Such has been the Dogecoin enthusiasm that web search curiosity for DOGE outstripped Bitcoin for the primary time in response to Google Developments.

Tuesday’s tweet is the most recent linking Dogecoin to one in every of Musk’s firms. As beforehand reported by Cointelegraph, Geometric Vitality Company — a Canadian manufacturing and logistics agency — has introduced plans for a DOGE-fueled payload on one in every of SpaceX’s first rockets to the moon.

Tesla already accepts Bitcoin (BTC) as a cost technique for its electrical autos. The corporate made the announcement again in March whereas additionally stating its intentions to run a Bitcoin node. Tesla has additionally said that it’s going to “HODL” the BTC funds obtained for its cars.

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