Dogecoin (DOGE) is about to achieve 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 fee when one among Musk’s groundbreaking tasks lastly launches.
Dogecoin To Be Accepted When This Tesla Challenge Launches
DogeMemeGirl, a member of the Dogecoin group, just 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) consumer supplied an replace on the station, which was already coming collectively and will launch this 12 months.
Certainly, DOGE goes to be a fee 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 occasions” forward for DOGE, contemplating the magnitude of this challenge.
The charging station in Hollywood will characteristic a “futuristic diner and drive-in theater,” which means that DOGE’s utility might prolong by a substantial quantity. The station’s location can be strategic, because the meme coin might additionally get launched to a few of Hollywood’s best. As soon as that occurs, it might 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 identified 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 concerning the crypto token. Now, the world’s richest man seems to be exhibiting by 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 pieces app’ that may even function a funds platform. This plan already appears to be in movement because the X platform, owned by Musk, just lately hinted that its fee service might go stay this 12 months.
This announcement has additional fuelled speculations that Dogecoin funds may very well be built-in into X when this occurs. Such a improvement shall be enormous for DOGE and its group. In the meantime, this taking place will greater than seemingly cement Musk’s standing because the “Dogefather,” a reputation which he had beforehand conferred on himself.
Apparently, the world’s richest just 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