Dogecoin, which has become the focus of attention among the crypto community this year, again found support from the Tesla CEO. And Musk got 3 million people to say “YES”. So what will be the Doge price after that?
Will Tesla accept DOGE? – What will be the DOGE price if he accepts?
The second richest person in the world, Elon Musk, with a poll to his followers on Twitter, “Would you like Tesla to accept Dogecoin for payments?” posed the question. Nearly 4 million people responded to the Twitter poll, and the cryptocurrency community largely supported the proposal.
In almost 24 hours since Tesla CEO Elon Musk launched this poll, 3,922,516 people have voted for “DOGE.”
So far, nearly 4 million votes counted, and 78.2 percent of respondents voted “yes” – that’s roughly over three million participants. 21.8% of the respondents gave a negative answer to the question.. So if Dogecoin is accepted by Tesla, what will DOGE price be?
Tesla accepts Bitcoin payments
Earlier this year, Elon Musk actually decided that Tesla started accepting Bitcoin as a payment method. made a statement about starting. He also promised that the purchased Bitcoins would not be converted to fiat interface.. Electric vehicle giant Tesla, with its massive $1.5 billion purchase of Bitcoin, has helped the cryptocurrency record highs in both price and market cap.
Elon Musk shocked the world by announcing that Tesla bought $1.5 billion worth of Bitcoin in January in his annual report to the SEC. According to some estimates, this amount amounted to approximately 15% of the firm’s net cash assets at the time. had set a record. However, later it was revealed that the company cashed out 10 percent of the BTCs.
Now, it remains to be seen whether Tesla will accept DOGE.. We’ve all seen how the DOGE community sparked enthusiasm in the market with a tweet from Musk.
The price of the asset has increased 5x since just last month as investors rushed to Dogecoin.. Such news can undoubtedly start another pumping movement in the price of the asset.
As a matter of fact, Dogecoin, which was created as a “joke” in 2013, skipped the steps in cryptocurrency capitalization this year.. And it is currently the fourth most valuable digital token behind only Bitcoin, Ethereum, and BNB.. The total market capitalization of the 129 billion dogecoin tokens in circulation has come to approximately $65 billion.
After continued speculation and extreme volatility after Elon Musk announced he would host SNL, DOGE introduced a new
Everyone was expecting Dogecoin to see new highs on the date Elon Musk joins Saturday Night Live (SNL) (May 8). And the price of Dogecoin has risen nearly 100% in just one week, after the Tesla CEO announced on Twitter that he would be joining the show as a host.
Dogecoin’s biggest and richest backer, Elon Musk, has been around since 1975 Although the announcement that he would participate as a guest presenter in the episode of Saturday Night Live (SNL), the most famous comedy show in the USA, broadcast on May 8, created enthusiasm among DOGE fans, it was not expected.
While Musk was still in the program, DOGE price dropped by about 25%. When the program did not have the expected effect, this time Musk tried to trigger the lost enthusiasm with the survey.. The price of the asset rose 10% in a short time after the survey was published yesterday.
It is not yet known whether Tesla will accept DOGE.. But such news could make DOGE see new highs.
At the time of writing our article, the price of DOGE, the fifth largest cryptocurrency, is trading at $0.51.