Key Takeaways

  • Tesla CEO Elon Musk has requested his Twitter followers if Tesla ought to settle for Dogecoin (DOGE) as fee.
  • Roughly 80% of respondents are in favor of the choice.
  • Musk has not but confirmed whether or not Tesla formally plans to simply accept the coin; extra particulars might emerge when the ballot ends.

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Tesla CEO Elon Musk has requested his Twitter followers in the event that they need to see the agency settle for Dogecoin, implying the electrical automobile firm might quickly add the cryptocurrency as a fee possibility.

Nearly 80% In Favor of DOGE Funds

Early Tuesday morning, Musk created a Twitter ballot to hunt enter on the potential for DOGE funds from his 53 million followers.

On the time of writing, 78% of respondents have answered “sure” to the query. These in favor of DOGE funds have been possible motivated by Dogecoin’s rising worth and Musk’s crypto stardom.

The 22% who answered “no” to the query expressed issues over the coin’s value volatility. DOGE has quickly risen in worth on account of organized funding campaigns and Musk’s endorsement of the coin, gaining 20,600% over the previous yr. Many predict that the cryptocurrency may lose its worth simply as shortly.

Others who responded “no” the query might merely have most well-liked that the corporate settle for different cryptocurrencies first.

Musk has not commented on person responses. The Twitter ballot will finish at roughly 1:30 AM PST, that means that Musk and Tesla are unlikely to substantiate any official Dogecoin-related plans earlier than then.

Tesla’s Crypto Efforts

The information comes shortly after Musk’s area flight firm SpaceX introduced that it’ll perform a DOGE-funded mission, and days after Musk appeared on Saturday Evening Stay to debate DOGE.

It additionally comes simply months after Tesla selected to purchase $1.5 billion of Bitcoin and its later choice to simply accept Bitcoin as fee.

There was widespread hypothesis in late March on whether or not Tesla has plans to accept extra cryptocurrencies. At the moment’s information makes it significantly extra possible that it’ll accomplish that.

Disclaimer: On the time of scripting this creator held lower than $75 of Bitcoin, Ethereum, and altcoins.

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