Dogecoin going too far in the crypto industry and even got more worth and demand after the appearance of Elon Musk at Saturday Night Live (SNL), where he spoke about Dogecoin (DOGE). Earlier today, the Chief Executive Officer of Tesla, well-known for the world’s leading electric cars, published the poll to seek public opinions for his next planned act, either to start accepting and inculcating Dogecoin for payment solution for Tesla or not. This emerging interest of Elon Musk has changed the status of meme coin into a demanding crypto asset (DOGE) which is getting higher growth since Musk has taken an interest in this particular crypto asset.
Earlier today, Elon Musk shared a voting pole via tweeter in which he asked the followers that either he should add Dogecoin (DOGE) to Tesla for payment solutions or not. He asked followers via tweet, “Do you want Tesla to accept Doge?” this tweet got viral within few minutes and got the attention of millions of followers, among whom around 6,27,550 people favored in opinion as almost 70% of overall followers replied in “Yes.”
It is important to note that after the appearance of Musk at SNL on 9th of May, 2021, there was significant growth that has been observed in the worth of Dogecoin, but this trend got more boosted within the 15 to 20 minutes after the tweet shared by Elon Musk about the upcoming polling for DOGE. Dogecoin (DOGE), also known as the meme coin, has shown significant growth in the last week by 20% and staggered by 21,699.7% over the last year.
Do you want Tesla to accept Doge?
— Elon Musk (@elonmusk) May 11, 2021
Moreover, Elon Musk also cleared the terms of acceptance of crypto assets. A few weeks back, he announced to start accepting Bitcoin (BTC) as a payment method for Tesla about which cleared the followers that the firm will accept the BTC being as a virtual asset and would not be converted into fiat currency. After that announcement, the company cashed out by 10% on overall BTC holdings, so the same trend has been observed in the case of the announcement of Dogecoin inculcation in the business.
Dogecoin and SpaceX
The prevailing status of DOGE for Elon’s interest depicts that in the next step, Musk might associate Dogecoin with SpaceX as well. It is expected that SpaceX will start accepting DOGE for payments to let GEC (Geometric Energy Corporation) launch the lunar payload. The purpose of this project is to explore space, lunar intelligence and to carve out the futuristic missions to Mars and Moon.