Tesla To Accept Dogecoin Payments For CyberTruck? Here’s What You Should Know

Share This Post

With the release of the Tesla CyberTruck, the crypto community on X (formerly Twitter) has been abuzz with possibilities of what this could mean for Dogecoin. More specifically, if CEO Elon Musk will finally implement Dogecoin payments for Tesla’s vehicles for the first time in history. While there have been no official statements regarding this, the DOGE community has dug out some ‘evidence’ that could show that the automobile manufacturer is actually getting ready for DOGE payments.

Dogecoin Appears On CyberTruck Checkout Page

In search of hints that Elon Musk could be getting ready to integrate Dogecoin payments for Tesla’s vehicles, community members have looked at the source code for its website. The findings have shown that the electric vehicle manufacturer may in fact be looking toward DOGE payments.

The source code which was shared on X by the @TOPDOGE007 account shows multiple mentions of Dogecoin. These mentions are all in relation to DOGE payments which appear alongside other payment methods such as wire transfer and SEPA.

One community member revealed on X that Dogecoin actually appears more than 50 times on the CyberTruck website source code. This has sparked speculation that even though Tesla does not accept DOGE payments for the CyberTruck, it may be getting ready to do so.

Interestingly, Dogecoin is the only mention of any cryptocurrency on the CyberTruck website. It excludes even the likes of Bitcoin which suggests that DOGE payments may be the only form of cryptocurrency payments the company is exploring.

Dogecoin price chart from Tradingview.com

DOGE Community Waiting On Elon Musk

The Dogecoin community continues to wait to see the next step of billionaire Elon Musk who has come to be known as the ‘Dogefather.’ Musk’s influence in the DOGE community has seen even something as simple as his tweets triggering a price increase in the price of Dogecoin.

Now, there have been expectations for Musk to integrate DOGE payments into a number of his products, including X and Tesla vehicles. Musk himself has previously touted the idea of owning a social media platform that uses DOGE as a means to reward creators.

Previously, Tesla had integrated Bitcoin payments before discontinuing it back in 2021. However, the impact of that single decision was a massive price rally that pushed the 2020-2021 bull market higher than expectations.

Given Bitcoin’s performance when Tesla announced BTC payments, it is expected that the DOGE price will react in a similar manner if the automobile manufacturer does announce Dogecoin payments. It could be the catalyst that drives the Dogecoin price above $1.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Solana Aims for $190 Mark, Here’s What Traders Should Watch

The post Solana Aims for $190 Mark, Here’s What Traders Should Watch appeared first on Coinpedia Fintech News Solana (SOL), the world’s fifth-biggest cryptocurrency by market cap, is poised for a

Bitcoin Staking Protocol Solv Integrates Liquid BTC With Solana’s Defi Ecosystem

The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi) ecosystem through its new product, SolvbtcJUP This initiative allows Bitcoin

Ethereum Bullish Pattern Signals Upcoming Rally – Analyst Sets $2,870 Target

All eyes are on Ethereum as the crypto market watches closely following Bitcoin’s recent surge Analysts and investors are now cautiously waiting for Ethereum to catch up, with some fearing that

Fed official touts DeFi as ally, not rival, to traditional finance

Federal Reserve Governor Christopher Waller believes that DeFi is more likely to work alongside traditional finance rather than replace it entirely Speaking at the Vienna Macroeconomics Workshop on

Revolution in Your Pocket: Why the Ethereum Phone Challenges Corporate Control

Freedom Factory has launched Dgen1, dubbed the “Ethereum Phone,” a mobile device integrating Ethereum’s ethOS v40 operating system for seamless crypto interactions Freedom

Tokenization and Stablecoins Close to Being Regulated in This Latam Giant

The President of the Central Bank of the Latin American giant announced plans to expedite the regulation of asset tokenization and stablecoins by 2025 The bank will issue a new consultation this