Bitcoin
$63,783.94-1.07%
Ethereum
$3,128.93-0.95%
Binance Coin
$598.08-2.76%
Solana
$139.05-4.20%
XRP
$0.52583295+0.01%
Dogecoin
$0.14762782-2.75%
Toncoin
$5.33-1.54%
Cardano
$0.46219292-1.77%
Shiba Inu
$0.00002524-2.18%
Avalanche
$34.39-3.50%
Tron
$0.12010739+2.37%
Wrapped Bitcoin
$63,822.20-1.10%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to Consensus 2024The largest and longest running event that covers all sides of Crypto and Web 3
32
DAYS
12
HR
11
MIN
16
SEC
Finance

Elon Musk Runs Twitter Poll on Whether Tesla Should Accept Dogecoin

The overwhelming majority has been replying "Yes."

By Jamie Crawley
AccessTimeIconMay 11, 2021 at 8:46 a.m. UTC
Updated May 9, 2023 at 3:19 a.m. UTC
Tesla BTCPAY
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Elon Musk has started a Twitter poll asking whether or not Tesla should accept dogecoin.

  • The poll had received more than 500,000 votes within 20 minutes of its posting, with the overwhelming majority (~75%) replying "Yes."
  • The Tesla CEO appeared on "Saturday Night Live" on May 8 in which some jokes about DOGE may have triggered a downturn in the meme-based crypto's price.
  • Elon Musk has been known to discuss crypto on his Twitter page, first announcing via a tweet in March that Tesla vehicles could be purchased with bitcoin.
  • He famously described DOGE as his "fav cryptocurrency" on Twitter in April 2019.
  • Thanks in part to Musk's tweets, the price of dogecoin has risen by nearly 11,000% year to date.
  • The poll has prompted a bounce in DOGE's price, trading at $0.52 at the time of writing compared to $0.46 beforehand.
VolumeMuteUnmute

Massive Crypto Options Expiry Looms; Bitwise Becomes First Spot ETF Issuer to Provide Wallet Address

  • Federal Reserve Launches Instant Payments Service; Tesla's Bitcoin Holdings
    02:19
    Federal Reserve Launches Instant Payments Service; Tesla's Bitcoin Holdings
  • Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
    02:24
    Nasdaq Pauses Plan for Crypto Custody Service; Dogecoin Pops on Elon Musk Tweet
  • AI-Related Crypto Tokens Jump as Elon Musk Unveils New ChatGPT Competitor
    00:58
    AI-Related Crypto Tokens Jump as Elon Musk Unveils New ChatGPT Competitor
  • Elon Musk Unveils New AI Company, xAI
    01:46
    Elon Musk Unveils New AI Company, xAI

    • Also read: Elon Musk’s Bitcoin Marketing Coup

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.