Elon Musk hints at Tesla accepting Dogecoin as payment, causing it to surge 11%.

Elon Musk, Tesla's CEO, has hinted that Dogecoin (DOGE) might be accepted as an official form of payment for Tesla vehicles "at some point." The comment has had a significant impact on the token's price, with Dogecoin soaring more than 11% in just 15 minutes, reaching the $0.19 range. However, the price has since dipped to around $0.17. Musk's comments come as various large-cap meme tokens witness a resurgence in momentum.

March 14, 2024
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