Elon Musk announces that SpaceX will soon accept Dogecoin (DOGE) as payment

SpaceX will soon accept Dogecoin (DOGE)

The man the richest in the world continues to show interest in Dogecoin (DOGE). yesterday, Elon Musk announced that its company specializes in aeronautics SpaceX DOGE will be accepted soon as a form of payment within its online store, such as Teslahaving accepted it since January.

And the possibilities of payment for purchases with DOGE can go further, according to the multi-billionaire. When an Internet user asked him if it was possible to pay for his subscription star link using memecoin, Musk replied “ Maybe one day “.

Not surprisingly, as in Elon Musk’s previous statements about cryptocurrencies, the price of DOGE noticed short -term increase. Within half an hour, the cryptocurrency saw its course from 0.078 to 0.09 dollarsan increase of more than 15%.

Dogecoin price on the day of May 27th

The increase, however, is very shortwithout much surprise, the market usually stops within 2 weeks now, expecting approximately $ 30,000 symbolic.

For comparison, when Elon Musk announced that Tesla would accept DOGE last December, the price of memecoin increased by 33%.

👉 Find our guide to buying Bitcoin (BTC)

Head to the moon for DOGE

Elon Musk has a strange opinion on DOGE, memecoin which, as its name suggests, was originally a simple joke … which ended up decaying to the point of being covered in 10th place on the podium cryptocurrencies, with over $ 11 billion in market capitalization.

In fact, in an interview with Time Magazine in January, the CEO of Tesla and SpaceX had says DOGE is superior to Bitcoin (BTC) due to its higher transaction throughput.

It should also be noted that after accepting Bitcoin as a payment method at Tesla, Elon Musk finally reconsidered his decision, arguing that it is the most important cryptocurrency on the market. is too energetic. A point effectively against the current of billionaire ideology, whose one of the leitmotiv is reduce human energy consumption.

In May 2021, the self -proclaimed “ Dogefather also said that if Dogecoin increased its block completion speed by 10 times, increased its block size by 10 times, and reduced transaction fees by 100 times, then he will beat bitcoin ” easy ».

Let’s also note that SpaceX plans to send DOGE “to the moon” – in the literal sense of the term – in the near future. In fact, the aeronautical company plans to send a miniature satellite into orbit to collect lunar and space data. The operation will be called ” DOGE-1 “.

👉 Read also: Tesla believes cryptocurrency is an alternative to cash

Sources: Time Magazine, TradingView DOGE/USDT

Newsletter

Get a crypto news recap every Sunday 👌 And that’s it.

What you need to know about affiliate links. This page displays assets, products or services associated with investments. Some links in this article are affiliates. This means that if you buy a product or register on a site from this article, our partner will pay us a commission. This allows us to continue to offer you original and useful content. There is no effect on you and you can get a bonus by using our links.

Investments in cryptocurrencies are risky. Cryptoast is not responsible for the quality of the products or services presented on this page and cannot be liable, directly or indirectly, for any damage or loss caused after the use of a product or service highlighted in the article. ito. Investments associated with crypto-assets are inherently risky, readers should do their own research before taking any action and invest only within the limits of their financial capabilities. This article does not constitute investment advice.

About the Author: Maximilien Prue

twitter-soothsayerdata

Enthusiastic about the world of decentralized finance and the new things that Web 3.0 brings, I write articles for Cryptoast to help make the blockchain more accessible to everyone. Convinced that cryptocurrencies will change in the future soon.
All articles by Maximilien Prué.

Leave a Comment