The major cryptocurrencies are showing a roller coaster that has continued its wild ride this week, with the “MEME” currency Dogecoin jumping in value. The dogecoin price has surged nearly 30% in the course of the last 24 hours. Below are the Possible reasons that can take DOGE price to $1 Soon.
Elon Working with Doge Developers! Will Tesla Start Accepting Dogecoin
Working with Doge devs to improve system transaction efficiency. Potentially promising.
— Elon Musk (@elonmusk) May 13, 2021
Dogecoin took off on Friday after Elon Musk said he was working with the DOGE engineers to improve its effectiveness as a method for payment. The talks followed in regards to the improvement of the transaction system of the digital currency after the dropping Bitcoin Payments for Tesla.
Must Read: Will Amazon Accept DOGE Payment?
The CEO reveals that he actually has faith in the utilization of crypto payment, and not simply in conventional and contaminating sources of energy with the likes of coal
Spacex Will be Accepting Doge for Lunar Missions
SpaceX launching satellite Doge-1 to the moon next year
– Mission paid for in Doge
– 1st crypto in space
– 1st meme in space
To the mooooonnn!!https://t.co/xXfjGZVeUW
— Elon Musk (@elonmusk) May 9, 2021
SpaceX books a mission to the moon supported totally by Dogecoin only days after SpaceX organizer Elon Musk joked on Saturday Night Live about his part in spreading images about the digital currency.
Musk has been a Huge supporter of the MEME token and much of the time tweets about it. Recently he tweeted that he wanted to take Doge to “the moon” on a SpaceX rocket in 2022. The “DOGE-1 Mission to the Moon” is in a joint effort with Canadian organization, Geometric Energy Corporation.
Coinbase Will now Make Dogecoin Available for Trade
Dogecoin’s ubiquity has developed such a lot that it has been added to most mainstream stages. In any case, Coinbase, the biggest crypto trade in the US, has been one that still can’t seem to permit it on their trade. However, presently it has been reported by the CEO of the organization that Dogecoin will be listed in the following 4 to 6 weeks. This declaration was made during a gathering with financial backers to examine the Q1 execution of 2021 which was additionally incredible.