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Dogecoin Price Surges as Tesla Begins Accepting it For Merchandise Purchases

Dogecoin price soared around 10% on Friday following Elon Musk’s tweet, according to which Tesla merchandise can now be purchased with dogecoin. While the coin lost most of its gains afterward, it is still trading around $0.1913 (up 4.14%) at the time of writing this article.

Musk delivered on his promise made last month that Tesla will accept dogecoin as payment and now it gives customers an option to buy selected merchandise with dogecoin. Meanwhile, the company has still not resumed accepting bitcoin.