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 will probably be a fee when one in every of Musk’s groundbreaking initiatives lastly launches.
Dogecoin To Be Accepted When This Tesla Undertaking Launches
DogeMemeGirl, a member of the Dogecoin group, lately 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 12 months.
Certainly, DOGE goes to be a fee choice when this occurs. Musk himself confirmed in an X publish in 2022 that clients will be capable of pay with the meme coin when the supercharging station lastly launches. As highlighted by DogeMemeGirl, this improvement signifies “thrilling occasions” forward for DOGE, contemplating the magnitude of this challenge.
The charging station in Hollywood will characteristic a “futuristic diner and drive-in theater,” that means that DOGE’s utility might lengthen 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. Nevertheless, prior to now, his fondness for DOGE had primarily been proven in his cryptic X posts in regards to the crypto token. Now, the world’s richest man appears to be exhibiting via his actions that his curiosity in DOGE is deeper than that.
Musk’s biography, which was launched final 12 months, confirmed that DOGE might turn out to be an integral a part of his long-term plan to create an ‘all the things app’ that can even function a funds platform. This plan already appears to be in movement because the X platform, owned by Musk, lately hinted that its fee service might go dwell this 12 months.
This announcement has additional fuelled speculations that Dogecoin funds could possibly be built-in into X when this occurs. Such a improvement will probably 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 lately 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
