Tesla Will Accept Dogecoin For Merchandise Payments

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Dogecoin soared 24% after Elon Musk announced Tesla Inc (NASDAQ:TSLA) will accept the cryptocurrency as payment for merchandise. The TIME magazine “person of the year” also revealed the transactions would initially take place as tests. Q3 2021 hedge fund letters, conferences and more Tesla EndorsementAccording to Reuters, CEO Elon Musk took to Twitter and said: “Tesla will make some merch buyable with Doge & see how it goes.” Later, the meme-based cryptocurrency soared by 24% on Tuesday and investors raced up to $0.20. Coinbase data revealed that ever since Musk has been tweeting about the dig…

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