June 22 (Cointime) - A dedicated page on the official Tesla website provides information about using Dogecoin as a payment option, including what can be purchased and how to make a purchase.
This move shows Tesla's serious consideration of Dogecoin and could potentially impact the token's value. Elon Musk, CEO of Tesla and a vocal supporter of Dogecoin, has previously changed Twitter's logo to that of Dogecoin and promoted the cryptocurrency to his massive following.
Despite regulatory scrutiny, Musk's endorsement combined with Tesla's adoption of Dogecoin could have a substantial influence on the token's value, which is currently trading at $0.06617.
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