Bitcoin

Dogecoin

Time

Elon Musk

<ul> 
 <li>Tesla retains Dogecoin as a payment option, removing Bitcoin from its source code.</li> 
 <li>Dogecoin’s market cap surges, making it one of the biggest cryptocurrencies.</li> 
 <li>Elon Musk’s influence continues to impact Dogecoin’s price and market position.</li> 
</ul> 
Dogecoin $ 0.072564 0.96%, the meme-inspired cryptocurrency, continues to make waves in the crypto space. This week, Dogecoin added over $1 billion to its market cap, <a href="https://cryptonewsland.com/dogecoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">securing its position as one of the top 10 largest cryptos in the market</a>. This surge was fueled by a 10% price increase in the past 14 days, pushing Dogecoin’s market cap to over $10 billion. 
<figure class="wp-block-image size-full"> 
 <img decoding="async" width="835" height="105" src="https://cryptonewsland.com/wp-content/uploads/2023/07/image-29.png" alt="" class="wp-image-139906" srcset="https://cryptonewsland.com/wp-content/uploads/2023/07/image-29.png 835w, https://cryptonewsland.com/wp-content/uploads/2023/07/image-29-300x38.png 300w, https://cryptonewsland.com/wp-content/uploads/2023/07/image-29-768x97.png 768w, https://cryptonewsland.com/wp-content/uploads/2023/07/image-29-150x19.png 150w" sizes="(max-width: 835px) 100vw, 835px"> 
</figure> 
Source: CoinGecko 
In a surprising twist, <a href="https://twitter.com/WuBlockchain/status/1682300362563411968" target="_blank" rel="noopener noreferrer nofollow">based on Wu Blockchain</a>, Tesla, led by billionaire Elon Musk, has retained Dogecoin as a payment option while removing Bitcoin from its source code. This move by Tesla has sparked renewed interest in Dogecoin, contributing to its recent price surge.&nbsp; 
Musk’s tweets and public support for Dogecoin have consistently influenced the cryptocurrency’s price and market position. 
Despite the ongoing volatility in the crypto market, Dogecoin’s future looks promising. The cryptocurrency’s growing market cap and Tesla’s continued support suggest a positive trajectory. As for Dogecoin’s future trading price, it’s expected to remain resilient despite market fluctuations. 
<figure class="wp-block-embed is-type-wp-embed is-provider-crypto-news-land wp-block-embed-crypto-news-land"> 
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 <blockquote class="wp-embedded-content" data-secret="7hWPU3sjG4"> <a href="https://cryptonewsland.com/dogecoin-doge-price-analysis-aug-week-3-to-4/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Price Analysis Aug Week 3 to 4</a> 
 </blockquote><iframe class="wp-embedded-content" sandbox="allow-scripts" security="restricted" title="“Dogecoin (DOGE) Price Analysis Aug Week 3 to 4” — Crypto News Land" src="https://cryptonewsland.com/dogecoin-doge-price-analysis-aug-week-3-to-4/embed/#?secret=gf0rtxJb42#?secret=7hWPU3sjG4" data-secret="7hWPU3sjG4" width="600" height="338" frameborder="0" marginwidth="0" marginheight="0" scrolling="no"></iframe> 
 </div> 
</figure> 
Looking ahead, Dogecoin’s position in the crypto space is likely to strengthen. Its growing market cap, coupled with support from influential figures like Musk, positions Dogecoin for potential growth. As the crypto market continues to evolve, Dogecoin is poised to navigate these changes and emerge stronger. 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/musk-confirms-tesla-now-accepts-doge-for-its-merch/" rel="noopener noreferrer nofollow">Musk Confirms Tesla Now Accepts DOGE for Its Merch</a></li> 
 <li><a href="https://cryptonewsland.com/dogecoin-surges-amid-reports-of-tesla-payment-trial/" rel="noopener noreferrer nofollow">Dogecoin Surges Amid Reports of Tesla Payment Trial</a></li> 
 <li><a href="https://cryptonewsland.com/elon-musk-i-will-keep-supporting-dogecoin-amid-lawsuit/" rel="noopener noreferrer nofollow">Elon Musk: ‘I Will Keep Supporting Dogecoin’ Amid Lawsuit</a></li> 
 <li><a href="https://cryptonewsland.com/dogecoin-doge-price-analysis-aug-week-3-to-4/" rel="noopener noreferrer nofollow">Dogecoin (DOGE) Price Analysis Aug Week 3 to 4</a></li> 
 <li><a href="https://cryptonewsland.com/elon-musk-sparks-doge-frenzy-once-more-as-crypto-expert-foresees-dogecoins-spectacular-surge/" rel="noopener noreferrer nofollow">Elon Musk Sparks DOGE Frenzy Once More as Crypto Expert Foresees Dogecoin’s Spectacular 130% Surge</a></li> 
</ul> 
The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/teslas-vote-of-confidence-in-dogecoin-bags-1b-market-cap-time-to-buy-or-pass/">Tesla’s Vote of Confidence in Dogecoin: Bags 1B Market Cap, Time To Buy or Pass?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.

Tesla’s Vote of Confidence in Dogecoin: Bags 1B Market Cap, Time To Buy or Pass?

Crypto News Land

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