Dogecoin jumps after Elon Musk says it can be used to buy Tesla merchandise


“Tesla merch buyable with Dogecoin,” Musk tweeted.

His mid-December tweet saying such use of dogecoin will be allowed on a test basis sent the cryptocurrency up more than 20%.

Dogecoin, popular among retail investors, raced up 18% to above $0.20 after Friday’s tweet.

Musk’s tweets on the cryptocurrency, including the one where he called it the “people’s crypto,” buoyed the meme coin and caused it to soar roughly 4,000% in 2021.





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