Dogecoin (DOGE) is getting a new purpose, thanks to Elon Musk, the world’s richest man. It’s been revealed that the popular meme coin will be accepted as a payment method for one of Musk’s upcoming projects.
A Dogecoin community member known as DogeMemeGirl highlighted that DOGE is set to be accepted at Tesla’s upcoming supercharging station in Hollywood. This information surfaced when another user on X (formerly Twitter) shared an update on the station’s progress, indicating that it might open its doors later this year.
DOGE Payment Option Confirmed for Tesla’s Hollywood Supercharging Station
Elon Musk himself has said that you can use Dogecoin (DOGE) to pay at Tesla’s new supercharging station in Hollywood. He shared this news in a post on X in 2022, and it’s a big deal, especially according to DogeMemeGirl. This means that DOGE is becoming a part of a cool project like the Hollywood station, bringing lots of excitement for the meme coin.
This Hollywood charging station is not just for recharging electric cars; it will also have a cool futuristic diner and a drive-in theater. So, DOGE is not only for buying things but can have many other uses too. The station is in a smart spot, being close to Hollywood, which might make more people notice and use DOGE. These changes could also make DOGE’s price go up, as it hasn’t been changing much lately.
DOGE price at $0.08 | Source: DOGEUSD on Tradingview.com
Elon Musk’s Deepening Connection with DOGE and Future Plans
Elon Musk, who often posts mysterious messages on X about Dogecoin (DOGE), is now showing even more interest in the meme coin. While he hinted at liking DOGE in his puzzling posts, his biography from last year revealed a bigger plan. Musk wants to include DOGE in an “everything app” he’s planning, and this app will also work as a way to make payments.
Hints from Musk’s X platform recently suggest that this payment service might start working this year. This has led people to guess that Dogecoin payments might become a part of X. If this happens, it would be a big deal for DOGE and its community, and it would also confirm Musk’s playful title as the “Dogefather.”
In a recent statement, Musk, the richest person globally, mentioned that he still owns a “bunch of Dogecoin,” showing that his connection with the cryptocurrency is still strong.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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