The post Elon Musk Hints At Dogecoin’s Return as Tesla Merchandise Payment After Court Win appeared on BitcoinEthereumNews.com.

The world’s richest man, Elon Musk, has hinted that Dogecoin (DOGE) could return as a payment method when buying Tesla merchandise. This follows his recent win in a class action lawsuit that accused him of manipulating the price of the foremost meme coin.  Musk Suggests Tesla Could Soon Begin Accepting Dogecoin Again Musk suggested in an X (formerly Twitter) post that Tesla, the automotive company that he co-founded, could soon begin accepting Dogecoin again. Musk replied ‘Me’ to an X post by Sir Doge, a prominent member of the DOGE community, in which he asked who else wanted Tesla to bring back Dogecoin as a payment option for merchandize payments.  Musk’s affirmation that he would like Dogecoin to return as a payment option for Tesla merchandize suggests that it could happen soon enough since he is in an excellent position to make it happen. Besides, Musk had earlier stated that Dogecoin would eventually become a payment method for buying Tesla cars.  Musk’s fondness for Dogecoin also means that this is something that the world’s richest man will be actively looking to make happen. He recently reaffirmed his likeness for the foremost meme coin, stating that he has a “soft spot” for Dogecoin while suggesting that he wasn’t inclined to other crypto tokens.   Meanwhile, Musk’s recent legal victory could motivate him to make this move and return Dogecoin as a payment method for Tesla products. A federal judge cleared the world’s richest man and the automotive company of wrongdoing in a lawsuit that accused them of manipulating Dogecoin’s price.  The lawsuit could have been why Tesla initially removed Dogecoin as a payment method. With the legal battle out of the way, the company can reintroduce Dogecoin as a payment option for buying merchandise in its store. Such a move will undoubtedly…

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Filed under: News - @ September 3, 2024 12:09 am