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Saturday, April 19, 2025

Crypto Investor Buys $1.4 Million Worth Of Dogecoin After Tesla Announcement

An unknown person bought 8 million DOGE after the manufacturer of electric cars added the ability to pay for its accessories with “memecryptocurrency

A major holder of crypto assets on the Ethereum network bought 8 million Dogecoin memetokens ($1.4 million at the time of the transaction). This was reported by the WhaleStats service, which tracks the movement of the cryptocurrency.

The deal comes after Tesla added the ability to pay for its accessories with Dogecoin. The company emphasized that they only accept this altcoin and cannot receive any other cryptocurrencies.

To make a purchase in the Tesla store, the customer needs a Dogecoin wallet. Items purchased with cryptocurrency cannot be returned, exchanged or cancelled.

January 14 Dogecoin is trading at $0.19. Over the past day, the Doge has risen in price by 12%, and its capitalization has increased to $25.3 billion.

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