Dogecoin (DOGE) is about to acquire one other use case because of the world’s richest man, Elon Musk. This comes following a revelation that the foremost meme coin will probably be a fee when considered one of Musk’s groundbreaking initiatives lastly launches.
Dogecoin To Be Accepted When This Tesla Mission Launches
DogeMemeGirl, a member of the Dogecoin neighborhood, just lately drew the neighborhood’s consideration to the truth that DOGE was going to be accepted when Tesla’s supercharging station in Hollywood lastly launched. Her remark got here as one other X (previously Twitter) person supplied an replace on the station, which was already coming collectively and will launch this yr.
Certainly, DOGE goes to be a fee choice when this occurs. Musk himself confirmed in an X put up in 2022 that clients will have the ability to pay with the meme coin when the supercharging station lastly launches. As highlighted by DogeMemeGirl, this growth signifies “thrilling occasions” forward for DOGE, contemplating the magnitude of this mission.
The charging station in Hollywood will function a “futuristic diner and drive-in theater,” which means that DOGE’s utility might lengthen by a substantial quantity. The station’s location can be strategic, because the meme coin might additionally get launched to a few of Hollywood’s most interesting. As soon as that occurs, it might present a lift to DOGE’s value, which has remained tepid for some time now.
DOGE value at $0.08 | Supply: DOGEUSD on Tradingview.com
Musk Now ‘Strolling The Stroll’ With DOGE
Musk has, for the longest time, been recognized to have a likeness for the foremost meme coin. Nonetheless, prior to now, his fondness for DOGE had primarily been proven in his cryptic X posts in regards to the crypto token. Now, the world’s richest man seems to be to be displaying by means of his actions that his curiosity in DOGE is deeper than that.
Musk’s biography, which was launched final yr, confirmed that DOGE might turn into an integral a part of his long-term plan to create an ‘every part app’ that can even function a funds platform. This plan already appears to be in movement because the X platform, owned by Musk, just lately hinted that its fee service might go dwell this yr.
This announcement has additional fuelled speculations that Dogecoin funds may very well be built-in into X when this occurs. Such a growth will probably be enormous for DOGE and its neighborhood. In the meantime, this occurring will greater than probably cement Musk’s standing because the “Dogefather,” a reputation which he had beforehand conferred on himself.
Apparently, the world’s richest just lately reaffirmed his love for the meme coin as he revealed that he nonetheless owns a “bunch of Dogecoin.”
Featured picture from Company Finance Institute, chart from Tradingview.com
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