Today news
About the same in other media
Dogecoin spikes over 20% after Elon Musk says Tesla will accept it as payment for merch
Reading now: 471
cnbc.comIn this article
Remember dogecoin?
The meme-inspired cryptocurrency skyrocketed more than 20% Tuesday morning after Elon Musk said Tesla would accept dogecoin as payment for some of its merchandise.
«Tesla will make some merch buyable with Doge & see how it goes,» the Tesla CEO said in a tweet.
Musk has frequently talked up dogecoin, calling it his favorite digital coin and mentioning it in an appearance on «Saturday Night Live.»
Dogecoin was initially started as a joke by its creators Billy Markus and Jackson Palmer in 2013. It takes its branding from the Japanese shiba inu dog which inspired the original «doge» meme.
Tweets from Musk and surging interest from a wave of amateur investors fueled a speculative frenzy in the cryptocurrency
Read more on cnbc.comAbout this in other media
VCs Fight Back as Jack Dorsey, Elon Musk Attack ‘Web3’ Narrative cryptonews.com /2 years ago
Elon Musk takes a dig at Web3. Jack Dorsey joins him moneycontrol.com /2 years ago
Elon Musk says he will pay more than $11bn in tax this year theguardian.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
