Dogecoin Hits $0.189, Up 43% in Two Weeks After Musk Hints at Tesla Acceptance

Following recent comments by Elon Musk hinting at the acceptance of Dogecoin ($DOGE) for Tesla payments, the cryptocurrency experienced a significant surge. Musk's statements, which included endorsements of DOGE as 'the people’s crypto' and his intention to support it, led to a 14% spike in Dogecoin's value. This increase is part of a larger trend that saw the meme coin's price jump to $0.189, marking a 43% rise over two weeks. At an event in Germany, Musk teased the potential for Dogecoin payments for Tesla cars, which contributed to an 8% price increase for $DOGE, reaching a peak of $0.189. However, the price has since adjusted to $0.174, still representing a 4% gain over 24 hours. Musk notably stated, "$DOGE is for the people" and "DOGE is the people’s crypto, so I will support it."