Tesla (TSLA) CEO Elon Musk is once again helping his pet cryptocurrency, Dogecoin (DOGE), gain some momentum.
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The billionaire tweeted Friday morning ET that merchandise for Space X, his space exploration start-up, will soon be able to be bought with Dogecoin, just as it can be for Tesla merchandise.
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The price of Dogecoin jumped as much as 10% to $0.086052 immediately following the tweet, before recently settling to a gain of about 7.7%.
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Last December, Musk’s announcement that Tesla merchandise could be bought with Dogecoin helped Doge prices surge as much as 33%.
Read more: Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment
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