On Friday, while all the other major cryptocurrencies were bleeding, Elon musk’s favorite Dogecoin price surged. From the last three days, the price of Dogecoin is rising tremendously.
The reason behind the rally in DOGE is Tesla. Tesla has now started to accept DOGE for some of its products. The co-founder of Dogecoin, Billy Markus Tweets, “yo it’s happening! #dogecoin #doge4tesla”
yo
it’s happening!#dogecoin #doge4teslahttps://t.co/aYKGdYjJ5h pic.twitter.com/271DIW8oFJ
— Shibetoshi Nakamoto (@BillyM2k) January 14, 2022
Currently, Dogecoin is trading at $0.19 and it is already 10% up. Dogefather Elon Musk had announced in December that Tesla will allow customers to buy some merchandise with DOGE.