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The “Dogefather” can approve Dogecoin as a payment method for Tesla vehicles.
Elon Musk, CEO of Tesla, has once again ruffled the proverbial “doges’ nest” with another tweet about Dogecoin, the quintessential meme coin (DOGE).
Tweeting on Tuesday, Musk ran a Twitter poll asking respondents whether they want Tesla to accept Dogecoin as a payment method.
Do you want Tesla to accept Doge?
— Elon Musk (@elonmusk) May 11, 2021
The survey, which went live at 8:00 a.m. UTC, received over 400,000 comments in the first 10 minutes and is almost at one million at the time of writing. Musk’s Twitter poll would last 24 hours and could pave the way for the company to accept the famous meme coin as a payment form.
Despite Musk’s obvious fondness for the Shiba Inu-themed cryptocurrency, supporters of Dogecoin have been advising the Tesla CEO to add the Shiba Inu-themed cryptocurrency to the list of approved payment methods.
Indeed, the poll results were largely positive, with about 78 percent of respondents in favour of Tesla approving Dogecoin payments.
As expected, Musk’s tweet has caused a significant reaction in the Dogecoin price with the 15-minute chart showing a sudden price action surge for DOGE coinciding with the time when the poll was published.
Dogecoin is up more than 10,600% year to date and seemed to be on track for the $1 threshold earlier in May due to feverish investor excitement.
According to Google Trends, internet search demand in DOGE has surpassed Bitcoin for the first time.
The new tweet linking Dogecoin to one of Musk’s companies came on Tuesday. Geometric Energy Corporation, a Canadian manufacturing and logistics company, has unveiled proposals for a DOGE-fueled payload on one of SpaceX’s first rockets to the moon, as previously noted by Cointelegraph.
Bitcoin (BTC) is now accepted as a payment option for Tesla’s electric cars. The announcement was made in March, along with the company’s plans to operate a Bitcoin node. Tesla has also confirmed that it would “HODL” the Bitcoin fees it receives for its vehicles.