The Shib and Dogecoin community wondered what Elon Musk’s new tweet might mean, especially after Tesla launched purchasable merchandising with Doge
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Tesla boss centibilliardaire Elon Musk has left the community of the two major cryptocurrency memes – Doge and Shiba Inu – wondering what the eccentric billionaire meant.
While he often tweeted memes related to cryptocurrencies (Dogecoin or Bitcoin in particular), Musk this time tweeted only one word “top” with an up arrow emoji.
— Elon Musk (@elonmusk) January 15, 2022
Members of the Crypto community supporting various currencies immediately began asking for clarification. Shib and Dogecoin fans have been the most active so far wondering if Elon meant Doge/SHIB was going to the moon.
Earlier this week, Musk announced on his Twitter page that Tesla has finally launched sales of company merchandise that can only be paid for with Dogecoin. So far, the Tesla merchandise store has four items, including a cybertruck-inspired “cyberwhistle” and a “cyberquad for kids.” The latter is worth 12,020 DOGE, suggesting that Tesla has essentially started selling its EVs for Doge.
Many in the Doge community expect the company to start selling electric cars for the crypto meme as the next step.
After yesterday’s 20% spike, the price of Dogecoin fell from $0.199 to a low of $0.1827. As of today, the original meme cryptocurrency has recovered the $0.1895 level.