Tesla rumored to allow dogcoin as a payment option, the latter rose 14% at one point during Tuesday
Market rumors claim that electric car giant Tesla (NASDAQ:TSLA) will allow dogcoin as a payment option for customers when purchasing cars, covering the Model X, Model Y, and Model 3 models.
While these rumors have not been officially confirmed, it is a catalyst for Dogcoin to rise. At one point on Tuesday, the price of dogcoin rose 14% intraday.
Previously, Tesla CEO Musk had said that some Tesla peripheral products could be purchased using dogcoin in the future.