Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

15 Jan 2022

Dogecoin leaps 25% after Musk announces DOGE payments for Tesla merch

Dogecoin (DOGE) prices rose substantially on Jan. 14 as Elon Musk announced that Tesla (NASDAQ:TSLA) would start accepting it as payment for merchandise. After the announcement, DOGE price jumped nearly 13%, hitting a 30-day high of $0.2150. Its upside move came as a part of a larger intraday rally that already was taking place before Musk's Dogecoin tweet went viral. DOGE/USD hourly price chart. Source: TradingViewDOGE/USD daily price chart. Source: TradingViewDOGE/USD daily price chart. Source: TradingView

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