Elon Musk says Tesla will accept Doge for merch, price of Doge skyrockets

Musk likes Doge. The price goes up every now and then. This is one of those times.

Musk said on Tuesday that Doge will be accepted for purchases at the store.

It's possible that Tweet has been deleted.

In February, Musk said that the company would start taking payments for car purchases in the future, but later backpedaled, saying the company would resume taking payments when thecryptocurrencies gets green.

Doge, or doge coin, is secured by a proof-of-work algorithm, but it is not the same as other PoW coins. Doge is more green than Bitcoin because it isn't as popular.

Musk said he owns Doge in October.

The price moves when Elon is on the phone. Credit: coingecko.com

The price of Doge went up by 27 percent after the announcement. The price of the coin is about $0.21.