Sunday, January 29, 2023
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Cryptocurrency

Dogecoin Reaches RM0.08 Value After Elon Musk Says Tesla Will Accept Coin As Payment

The coin's value rose by 15%.

by John Law
December 14, 2021
(Image: The Quint.)

(Image: The Quint.)

289
SHARES
Share on FacebookShare on Twitter

Dogecoin’s value shot for the moon today, after Elon Musk, CEO of Tesla, announced that the electric car company would begin accepting the cryptocurrency as legal tender. Specifically, the company will allow consumers to purchase “some merchandise” with Dogecoin, under what can only be described as the “making it up as we go along” approach.

Almost immediately after his announcement, the value of Dogecoin rose by an average of 15%, from RM0.67 to RM0.88 at the publication of this article. Musk’s decision also comes months after he agreed with his Twitter fans that the car company should accept the coin as payment.

For context, Dogecoin first came onto the scene in 2013, after it was created by software engineers Billy Markus and Jackson Palmer. Initially created as a “joke coin”, the traction for the cryptocurrency surged within two weeks after its debut, going from its initial value of US$0.00026 (~RM0.0011) to US$0.00095 (~RM0.0040).

ADVERTISEMENT

(Image source: Business Insider.)

This isn’t the first time Musk’s endorsement of cryptocurrencies has sent their values skyrocketing. Earlier this year, the man exponentially raised the value of Bitcoin from an average value of RM150000 to RM180000 in February, after purchasing US$1.5 billion (~RM6.35 billion) worth of the digital currency under Tesla.

(Source: CNBC, Business Insider)

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: Cryptodogecoin
Updated 11:27 am, Wed, 15 December 21
Back to top
Share116Tweet72SendShare

RELATED ARTICLES

Square Enix
Gaming

Square Enix President Doubles Down On Blockchain

by Ian Chee
January 3, 2023
Social Media

NVIDIA Taiwan Twitter Account Hacked; Made To Promote Dogecoin

by John Law
November 16, 2022
BigPay Crypto Top-Up Feature Singapore
Fintech

BigPay Gets New Crypto Top-Up Feature In Singapore

by Heirul Kamel
November 8, 2022
Luno Adding Cardano Solana Coins Cryptocurrencies
Cryptocurrency

Luno Adding Cardano And Solana Cryptocurrencies To Its Platform

by Heirul Kamel
September 14, 2022
Load More

ADVERTISEMENT

LOWYAT.TV

No Result
View All Result

TRENDING TODAY

  1. 1
    Fintech

    Touch ‘n Go To Be Scrutinise By KPDN’s Task Force Soon

  2. 2
    Entertainment

    Malaysia’s First IMAX With Laser Hall Is Now Open At GSC IOI City Mall East

  3. 3
    Automotive

    The First TNB Electron DC Fast Chargers Are Now Operational

  4. 4
    Cryptocurrency

    Dogecoin Reaches RM0.08 Value After Elon Musk Says Tesla Will Accept Coin As Payment

  5. 5
    Computing

    The New Mac mini M2 And M2 Pro Are Made In Malaysia

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to improve your experience. Learn More.