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Is Elon Musk Planning Dogecoin Payments for Tesla’s Cybertruck?

3 December 2023
in DOGE
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Is Elon Musk Planning Dogecoin Payments for Tesla’s Cybertruck?
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The Tesla Cybertruck page includes several mentions of Dogecoin in its code. This has sparked speculations that Tesla might allow paying for the futuristic-looking truck with the DOGE, considering Elon Musk’s history.

Dogecoin was mentioned more than 50 times in the Tesla Cybertruck checkout page code. But neither the company nor Elon Musk mentioned DOGE as a payment option.

DOGE Makes It to Tesla Cybertruck Page

The DOGE mentions were initially identified in October. At the time, crypto influencer Marty Party highlighted several mentions of the meme coin in the source code for the Cybertruck page.

However, with the much-hyped Cybertruck sale beginning at the end of November, the DOGE community has further confirmed the mention of the asset on the Tesla electric car page.\

Read more: How to Buy Dogecoin (DOGE) Anonymously: A Step-by-Step Guide

Tela Cybertruck Dogecoin Mentions. Source: Marty Party

Interestingly, no other cryptocurrency was mentioned in the Tesla code base. Marty also noted a whole Dogecoin-style sheet in Tesla’s source code. But speculation remains rampant.

“Tesla may in the future allow customers to use $DOGE to pay for the new Tesla Cybertruck model,” ICO Drops stated.

Elon Musk’s Rich History with Dogecoin

The Cybertruck page referencing DOGE reflects Elon Musk’s ongoing affinity for the meme coin. Musk previously said DOGE was one of his favorite cryptos, and his actions tend to influence the meme coin’s price action.

Additionally, his EV carmaker, Tesla, permits customers to buy merchandise using Dogecoin. Still, the possibility of enabling it for car purchases would mark a significant change for the meme coin.

It is worth noting Tesla previously allowed Bitcoin payments for cars but later discontinued this option, citing environmental concerns.

Dogecoin price performance
Dogecoin Price Performance. Source: BeInCrypto

Meanwhile, the recent developments have not visibly impacted DOGE’s price performance in the last 24 hours. The token has shown an 8.4% increase over seven days and a 25% rise in the past 30 days. Despite this recent upward trend, Dogecoin remains 88% below its all-time high.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

Credit: Source link

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Tags: CybertruckDogecoinElonMuskPaymentsPlanningTeslas
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