You'll Soon Be Able To Buy SpaceX Merch With Dogecoin
Holders of Dogecoin will soon be able to spend their cryptocurrency on SpaceX merch, according to Elon Musk. Over the past couple of years, Dogecoin has increased in popularity, and in no small part thanks to endorsements from celebrities and popular figures like Musk. Although using the coin for purchases is still somewhat limited compared to Bitcoin, SpaceX will add to the list of options for spending Doge.
Cryptocurrencies are not having the best of years this year. Due to various factors, including shortages, inflation concerns and geopolitical tensions, the value of many cryptos has decreased significantly in 2022. Dogecoin was one of those that affected, placing it further away from hitting its eventual goal of reaching $1 per coin. Still, Dogecoin tends to see a temporary spike in value each time Elon Musk references the crypto.
Related: Elon Musk's Tip To Fix Your Twitter Feed Is One You Should Already Know
That’s actually what has happened today after Elon Musk tweeted to confirm that it will soon be possible to buy SpaceX merchandise with Dogecoin. Following the announcement, the value of Dogecoin increased to 0.084 USD. As is often the case with a Tweet, the information provided was very limited and so it remains to be seen exactly when the SpaceX store will start accepting Dogecoin or which products will be available to buy using the crypto. In a follow-up Tweet, Musk also hinted at the possibility of using Dogecoin to pay for a Starlink subscription.
Tesla merch can be bought with Doge, soon SpaceX merch too
The move for SpaceX to start accepting Dogecoin is not totally surprising considering Musk made a similar move earlier in the year when Tesla also started accepting Dogecoin as a method of payment. With
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