Elon Musk, at the 'We Are Giga' event in Germany and later in Texas, hinted at the possibility of Tesla accepting Dogecoin as a payment method. Following his remarks, Dogecoin experienced an 11% surge, peaking at $0.189, before retracing to $0.174, marking a 4% gain over 24 hours. Additionally, $WIF reached a new all-time high as memecoins gained bullish momentum. This development comes amidst broader crypto trends, including the Ethereum upgrade Dencun, which led to lower transaction fees for Layer 2 networks, and a surge in demand for Bitcoin ETFs, pushing Bitcoin to a new all-time high.
Elon Musk is pumping $DOGE again. Elon spoke at the ‘We Are Giga’ event in Texas and said a few things: - Tesla will enable $DOGE payments at some point - Dogecoin is the people’s crypto - Dogecoin to the moon 🚀 Are we surprised? Not at all. 😂
WEEKLY NEWS BULLETIN [March 16th] A brief roundup of EVERYTHING YOU NEED TO KNOW about all the biggest stories to break in the crypto-world this past week… TESLA TO ACCEPT $DOGE PAYMENTS While some elements are yet to be determined, @ElonMusk this week shared comments that… https://t.co/SHZ6vVXPhn
Here are the top 3 #CryptoTrends from this week: 🚀 #Bitcoin hit new all-time high fueled by the surging demand for $BTC ETFs 🎉 #Ethereum upgrade #Dencun launched this Wednesday, Layer 2 sees lower transaction fees 🐶 @elonmusk hints at the possibility of purchasing @Tesla… https://t.co/SW4Wu1zKkw