Dogecoin: Elon Musk Signals DOGE Return as Tesla Payment Option

Joshua Ramos
Dogecoin
Source – The Indian Express

Amid the undeniable connection between both Dogecoin and Elon Musk, the SpaceX CEO has hinted that DOGE could return as acceptable payment for Tesla merchandise. Indeed, Musk took to his X (formerly Twitter) platform to signal the crypto’s return to the company.

Dogecoin could certainly use the boost. The leading meme coin has struggled over the last several weeks. However, it looks to be turning around. If it were once again to be integrated into the Tesla business model, it could see a massive surge in value.

Dogecoin
Source – Bitcoinist

Also Read: Forbes Predicts Dogecoin Price For 2030

Musk Hints at DOGE Again Being a Payment Option for Tesla Merch

Elon Musk has long been connected to the Dogecoin crypto. The self-professed ‘Dogefather’ has not ceased his support of the asset. Although he has publicly discussed no longer pushing for the asset class, he has also publicly ensured his connection to the crypto.

In a recent post, he only stoked those fires. Indeed, Dogecoin could return to one of Elon Musk’s biggest companies, as he teased its return as a Tesla payment option. Specifically, one user posted, “Who else wants Tesla to bring back the Dogecoin payment option for merch?” In response, Musk posted a concise, “Me.”

Source: CNBC

Also Read: Dogecoin at $0.094: Is a Massive Rebound on the Horizon?

That follows a similar post in recent weeks. When Trump stated he would offer Musk an advisor position, the Tesla CEO posted an image. Specifically, the image depicted the entrepreneur at a podium. Moreover, it said “Department of Government Efficiency,” listed as a “D.O.G.E.” acronym.

The crypto could use the push from Tesla. Over the last 30 days, it has fallen more than 9% in value. Moreover, it has lost 5% in the last seven days, trading at $0.098 according to CoinMarketCap. A Musk-inspired announcement would certainly pave the way for DOGE to surpass $0.1 in the coming weeks.