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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 can be a cost when one in all Musk’s groundbreaking initiatives lastly launches.
Dogecoin To Be Accepted When This Tesla Venture Launches
DogeMemeGirl, a member of the Dogecoin group, not too long ago drew the group’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 offered an replace on the station, which was already coming collectively and will launch this yr.
Certainly, DOGE goes to be a cost possibility when this occurs. Musk himself confirmed in an X submit 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 improvement signifies “thrilling instances” forward for DOGE, contemplating the magnitude of this venture.
The charging station in Hollywood will function a “futuristic diner and drive-in theater,” that means that DOGE’s utility might prolong by a substantial quantity. The station’s location can also 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 worth, which has remained tepid for some time now.
DOGE worth at $0.08 | Supply: DOGEUSD on Tradingview.com
Musk Now ‘Strolling The Stroll’ With DOGE
Musk has, for the longest time, been identified 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 concerning the crypto token. Now, the world’s richest man seems to be displaying via his actions that his curiosity in DOGE is deeper than that.
Musk’s biography, which was launched final yr, confirmed that DOGE might develop into an integral a part of his long-term plan to create an ‘all the things app’ that will even function a funds platform. This plan already appears to be in movement because the X platform, owned by Musk, not too long ago hinted that its cost service might go stay this yr.
This announcement has additional fuelled speculations that Dogecoin funds could possibly be built-in into X when this occurs. Such a improvement can be big for DOGE and its group. In the meantime, this occurring will greater than doubtless cement Musk’s standing because the “Dogefather,” a reputation which he had beforehand conferred on himself.
Apparently, the world’s richest not too long ago 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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