Elon Musk on Twitter asked his followers “should Tesla start accepting Doge coin” as a payment method.
He posted this tweet in the form of Twitter poll to which approx. 3,901,106 people had answered with 78.2 percent answering in the positive.
Checkout his tweet below:
Do you want Tesla to accept Doge?— Elon Musk (@elonmusk) May 11, 2021
Dogecoin saw an 700 percent increase in its price since the last month. When Elon Musk and some celebrities started talking over it. Many people were guessing the Dogecoin to touch the $1 mark.
But after Musk called Dogecoin a “hustle” on his appearance on Saturday Night Live. The price of Dogecoin dropped by over 40%
Few days back, Elon musk announced that Tesla will purchase over $1 billion worth of Bitcoin and start accepting it as a payment method. This was also one of the major reasons why we saw a massive increase in Bitcoin price recently.
He even made an announcement saying Dogecoin would be accepted by SpaceX for a satellite launch to the moon. Below is his tweet:
SpaceX launching satellite Doge-1 to the moon next year— Elon Musk (@elonmusk) May 9, 2021
– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space
To the mooooonnn!!https://t.co/xXfjGZVeUW
But with this, he even advised new investors to invest in bitcoin with caution as they can lose of all their money.