Elon Musk Continues to Promote Dogecoin

The price of DOGE continued to climb as a video clip of Elon Musk, suggesting the possibility of Tesla accepting Dogecoin, circulated on social media platform X.

Azcnews Breaking

On the morning of March 14, 2024, UTC time, the crypto community on social media platform X (formerly Twitter) circulated a short video in which Elon Musk mentioned Tesla’s intention to accept payments in Dogecoin.

Specifically, during a recent visit to Tesla’s Giga Berlin factory, the CEO of the electric car company announced to the crowd that there would come a day when people could buy Tesla cars with Dogecoin.

When can you buy a Tesla with Dogecoin? I think we should activate this payment method at some point.

If you can buy goods from Tesla with DOGE, it would be awesome.

Therefore, Dogecoin to the moon.

Elon Musk’s special fondness for the meme-era currency is well known among almost everyone in the crypto market.

The billionaire has even integrated Dogecoin as a payment method for some items, or even unexpectedly changed Twitter’s blue bird logo to the Shiba Inu dog, the symbol of Dogecoin, although quickly reverted.

However, it’s important to note that the billionaire isn’t always “trustworthy” and often makes unpredictable statements on social media. Musk has a significant influence on the price of Dogecoin, but after the FOMO frenzy subsides, the market often faces strong corrections.

Therefore, the community should avoid excessive FOMO with this “Elon Musk indicator,” especially in the current volatile market conditions.

Related: Tesla Accepts Dogecoin Payments For CyberTruck?

Chart of Dogecoin after Elon Musk’s statement

The price of Dogecoin surged significantly from around $0.170 USD to $0.194 USD within just 15 minutes after the widespread sharing of this video. However, afterward, strong red candlesticks began to appear. Currently, DOGE is fluctuating around $0.185 USD.

Chart Dogecoin Elon Musk

DOGE/USDT on TradingView at 07:20 AM on March 14, 2024.

(18 votes)

5.0/5

(18 votes)
  1. Avatar of hafeez rahman
    hafeez rahman

    Elon Musk.

  2. Avatar of Titus Israel
    Titus Israel

    Want to meet musk,I believe he would love to see me

  3. Avatar of mbin kely
    mbin kely

    very nice

  4. Avatar of Murtala imam bello
    Murtala imam bello

    Thanks Mr Elon mask

  5. Avatar of Abdoulahi
    Abdoulahi

    C’est bien

  6. Avatar of
    Anonymous

    Can’t wait to see him face to face!

    I have a conversation with him!

Comments are closed.

Latest

Whales Dump Xrp Can Ripple Still Aim For The $5 Breakout

News | Altcoin | Editor Choice

Whales Dump XRP: Can Ripple Still Aim for the $5 Breakout?

XRP faces a defining moment as whales unleash massive sell-offs, leaving investors anxious over whether the token will rocket to $5 or crash back down to $2.

Bnb Surges After Trump Pardons Cz, Traders Shout “up Only”

News | Altcoin | Editor Choice

BNB Surges After Trump Pardons CZ, Traders Shout “Up Only”

BNB’s price surged right after U.S. President Donald Trump pardoned Binance founder Changpeng Zhao, fueling a wave of excitement and speculation that the long-awaited “altcoin season” may be about to begin.

Satoshi Era Bitcoin Whale Awakens After 14 Years

News | Bitcoin | Editor Choice

Satoshi-Era Bitcoin Whale Awakens After 14 Years

A “Satoshi-era” Bitcoin whale has suddenly awakened after more than 14 years of silence, sparking a wave of speculation about the real motive behind its move of 150 BTC worth tens of millions of dollars.

Bunni Dex Shuts Down After $8.4 Million Hack

News | Altcoin | Editor Choice

Bunni DEX Shuts Down After $8.4 Million Hack

After suffering a devastating $8.4 million hack, decentralized exchange protocol Bunni DEX has officially announced its shutdown. This marks the second crypto project to fold in October, following Kadena Organization’s recent decision to halt operations amid mounting difficulties. The $8.4 Million Exploit: How It Happened The attack occurred on September 2, when a hacker exploited

The Crypto Etf Wave Hits, Over 200 Funds Set To Launch Soon

News | Editor Choice | Policy & Regulations

The Crypto ETF Wave Hits, Over 200 Funds Set to Launch Soon

Crypto ETF Explosion: The market is on the verge of a massive wave of investment products, with 155 ETF filings currently awaiting approval — spanning 35 digital assets from Bitcoin and Ethereum to even political meme coins.

Screenshot 2025 10 20 091338