Dogecoin (DOGE) is about to acquire one other use case due to the world’s richest man, Elon Musk. This comes following a revelation that the foremost meme coin shall be a cost when one in all Musk’s groundbreaking tasks lastly launches.
Dogecoin To Be Accepted When This Tesla Mission Launches
DogeMemeGirl, a member of the Dogecoin neighborhood, not too long ago drew the neighborhood’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) consumer supplied an replace on the station, which was already coming collectively and will launch this yr.
Certainly, DOGE goes to be a cost possibility when this occurs. Musk himself confirmed in an X submit 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 instances” forward for DOGE, contemplating the magnitude of this venture.
The charging station in Hollywood will characteristic a “futuristic diner and drive-in theater,” which means that DOGE’s utility may prolong by a substantial quantity. The station’s location can also be strategic, because the meme coin may additionally get launched to a few of Hollywood’s most interesting. As soon as that occurs, it may present a lift to DOGE’s value, which has remained tepid for some time now.
DOGE value at $0.08 | Supply: DOGEUSD on Tradingview.com
Musk Now ‘Strolling The Stroll’ With DOGE
Musk has, for the longest time, been recognized to have a likeness for the foremost meme coin. Nonetheless, 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 like to be exhibiting by means of his actions that his curiosity in DOGE is deeper than that.
Musk’s biography, which was launched final yr, confirmed that DOGE may turn out to be an integral a part of his long-term plan to create an ‘every part app’ that will even function a funds platform. This plan already appears to be in movement because the X platform, owned by Musk, not too long ago hinted that its cost service may go stay this yr.
This announcement has additional fuelled speculations that Dogecoin funds could possibly be built-in into X when this occurs. Such a improvement shall be large for DOGE and its neighborhood. In the meantime, this occurring will greater than possible cement Musk’s standing because the “Dogefather,” a reputation which he had beforehand conferred on himself.
Apparently, the world’s richest not too long ago 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
