Article 5V0RJ Dogecoin value soars after Elon Musk says it will be accepted for Tesla goods

Dogecoin value soars after Elon Musk says it will be accepted for Tesla goods

by
Rupert Neate and agency
from Technology | The Guardian on (#5V0RJ)

Cryptocurrency with shiba inu dog meme rises 15% after billionaire's tweet about merchandise

Dogecoin, the cryptocurrency with a shiba inu dog meme, soared in value by 15% on Friday after the billionaire Elon Musk said it could be used to buy Tesla merchandise.

Dogecoin rose to $0.20 after Musk's tweet early on Friday, and has soared by 5,859% over the past 12 months, according to data from the Coinbase website.

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