14 February, 2022

Elon Musk’s Starlink To Accept Dogecoin after Tesla?

14 February, 2022

Earlier today in a random Twitter exchange about Tesla’s FSD AI, Elon Musk subtly hinted towards Dogecoin’s future in Musk’s corporations. A Twitter user asked Musk if SpaceX’s merch store and Starlink could accept Dogecoin and this was his answer.

Starlink To Begin Accepting Doge?
In a very subtle and simple manner, Musk indicated that there might be a possibility of that happening as Elon replied with a simple wink.

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Now although Elon Musk is known to be very straightforward with his responses. Thus if he’s responding with a teasing cryptic message about crypto that he has been very supportive of, it can be considered optimistically.

Besides enabling payments by Dogecoin for the aforementioned requests wouldn’t be alien to Musk or the community since recently, Tesla did begin accepting DOGE payments for a few of its products.

The cyberwhistle, belt buckle, a Tesla mug as well as an ATV for kids called the Cybersquad have been listed for DOGE payments. Ranging from 355 DOGE to 14,135 DOGE for the ATV, Tesla truly integrated the meme coin.

Tesla’s cyberwhistle is currently being sold for 355 DOGE | Source: Tesla
Plus Musk’s SpaceX has been Dogecoin positive for a very long time as it literally launched a Moon mission last year titled “DOGE-1 Mission to the Moon” which is intended to be paid for entirely in Dogecoin.

SpaceX’s vice president of commercial sales, Tom Ochinero stated that this mission would demonstrate the application of cryptocurrency beyond Earth and at the same time establish the foundation for interplanetary commerce.

The launch which was initially planned for the first quarter of this year is maintaining the timeline with recent updates indicating a March 2022 release.

Thus connecting the dots makes it apparent that the only other major Musk corporation would also venture into accepting the cryptocurrency sooner than later.

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Effect on the Dogecoin
Surprisingly Dogecoin has not observed any crazy hikes yet. The meme coin is painting red candles on both the 2 hours and 4 hours charts, trading at $0.1446 adding to the 14.11% drop over the week.

Even though Bitcoin and Ethereum aren’t trading in solid greens, they are still keeping volatility at a low compared to DOGE.

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