Dogecoin explodes as Tesla starts accepting DOGE payments

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Update : The Dogecoin payments function is now active and public on the Tesla website, the online store displaying prices in Dollar and Dogecoins. There is also a Dogecoin FAQ published on the Tesla site.

The news was also announced on Elon Musk’s Twitter account:

This confirmation led to a new peak at over $0.21 on DOGE/USD, up 30% from yesterday’s low.

NB: The content below was written before the publication of the news above.

Investing.com – While , like many other cryptocurrencies on Friday, the most notable exception is , which soared 14% over 24h, with the help of a Tesla rumor…

Starting from a low of $0.1616 around 8 p.m. last night, Dogecoin peaked at $0.1953 early this morning after rising nearly 21% in 10 a.m., and remains near that high at the time of the break. writing this article.

For once, however, it was not a tweet from Elon Musk that got DOGE off the ground, but rather discoveries released by developers.

In a tweet picked up by several crypto sites, “Tree of Alpha”, a software engineer who analyzed Tesla source code (NASDAQ:), said that “The Backend for Tesla $DOGE payments is now active. Everyone can see it on the following link which was generated after clicking to buy with DOGE. »

In subsequent tweets, Tree of Alpha warns that the Dogecoin invoices it accessed are no longer available, but is confident that many people have had time to verify its claims for themselves, calling for monitoring the Elon Musk’s (NYSE:) Twitter account pending confirmation:

In the end, the discoveries of Tree of Alpha therefore prove above all that Tesla is currently testing payments in Dogecoin, which should not come as a surprise to anyone.

Indeed, this information comes exactly a month after Elon Musk said in a tweet that Tesla would accept DOGE payments for goods and “see how it goes”.

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