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Dogecoin Surges 11% After Tesla Merch Becomes Buyable with the Coin

elon musk china starlink satellitesTesla CEO Elon Musk has officially made the company’s merch purchasable with Dogecoin. Credit: Daniel Oberhaus / Wikimedia Commons/ CC BY 4.0

Dogecoin pumped 11% after Tesla CEO Elon Musk officially made the company’s merch purchasable with the dog-themed cryptocurrency on Thursday.

The payment options went live on the Tesla store site on Thrusday, and the value of DOGE quickly shot up 11% after. Musk himself acknowledged the launch by tweeting early Friday morning “Tesla merch buyable with Dogecoin.”

Tesla merch buyable with Dogecoin

— Elon Musk (@elonmusk) January 14, 2022

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