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Elon Musk’s new tweet confuses SHIB and DOGE owners

Tesla CEO Elon Musk has the communities of two major crypto memes – DOGE and SHIB – asking what the eccentric billionaire has to say.

While he often tweeted about crypto-related memes (DOGE or Bitcoin in particular), this time Musk just posted the word “top” with an up arrow.

https://twitter.com/elonmusk/status/1482248590151983110?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

Many community members who argued for different currencies immediately asked for clarification. The most active SHIB and DOGE fans to date are wondering if Musk is hinting that DOGE/SHIB will go to the moon?

The source: Twitter

Earlier this week, Musk announced on Twitter that Tesla was finally accepting payments in DOGE. So far, Tesla’s store offers four items, including a “Cyberwhistle Limited Edition Whistle Model” inspired by the Cybertruck electric truck and a “Cyberquad for Kids.” The Cyberquad is priced at 12,020 DOGE, indicating that Tesla essentially started selling its electric vehicles with DOGE.

Billy Markus, co-founder of Dogecoin, has tweets:

“Best thing about Tesla: Accepting DOGE to pay for items priced in meme coins and not USD. One of the largest companies in the world to directly accept DOGE as currency to purchase goods.”

Many in the DOGE community are hoping that the next step will be for the company to sell electric cars paid for with meme tokens.

After yesterday’s 20% surge, DOGE price dropped from $0.199 as low as $0.1827. Currently, the top meme cryptocurrency has recovered to $0.1902.

DOGE/USDT | Source: Tradingview

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.