The price of a cryptocurrency with the Shiba Inu logo, Dogecoin, jumped 30%. This is because after Tesla boss Elon Musk revealed that the crypto could be used to buy Tesla merchandise.
"Tesla merchandise can be purchased with Dogecoin," Musk wrote on Twitter, quoted from Forbes.
So, people can buy original Tesla whistles, Tesla belts, and even electric quad bikes with Dogecoin. That's the announcement from the Tesla website.
Yet so far, Musk has been back and forth to allow crypto as a means of payment for Tesla products. The public is still waiting whether Dogecoin will also be an option for paying for electric cars.
However, netizens who support bitcoin seem disappointed in Musk. They wonder why Musk always provides opportunities for the cryptocurrency Dogecoin.
Another example of support, namely when Musk predicted Dogecoin could become the official currency on Mars. Although it is not yet inconceivable whether humans will move to this planet.
It's been a year since Musk gave more support to Dogecoin. He hopes that the cryptocurrency can compete with the world's largest cryptocurrencies, bitcoin and ethereum.