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Home»ALTCOIN NEWS»Dogecoin surges 20% after Tesla Robotaxi
ALTCOIN NEWS

Dogecoin surges 20% after Tesla Robotaxi

By Crypto FlexsOctober 19, 20243 Mins Read
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Dogecoin surges 20% after Tesla Robotaxi
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  • Elon Musk There is softness dot for Dogecoin.
  • tesla brought it flamboyance and magic its Robotaxi event.
  • rumor swirl Robotaxis-Dogecoin completion.

The relationship between Elon Musk and Dogecoin began gaining attention in 2019 when the world’s richest man announced DOGE as his favorite cryptocurrency. Since then, there has been speculation about Musk’s potential plans to integrate Dogecoin into his platform, including a payment option for X.

The latest rumor about Dogecoin integration comes from Tesla’s recent Robotaxi event, which coincided with a significant surge in the value of memecoin.

Dogecoin

Dogecoin surged 20% on Wednesday, reaching an intraday high of $0.12847. This upward trend occurred after DOGE hit a local low of $0.10287 on October 10, the day Tesla hosted its much-anticipated Robotaxi event.

DOGEUSD daily chart by trading view

At the event, Musk discussed the cost benefits of robotaxi while a promotional video played in the background.

Influencer ‘WizardOfDoge’ pointed out a notable moment in the video where the Shiba Inu appeared, as Musk said, “Yes, you can buy it.” This led him to speculate that it was a subconscious hint confirming DOGE as a payment option for the upcoming Robotaxi.

Dogecoin: The Big Secret Meaning of the Tesla Robotaxi Event.

Elon hurriedly said precisely during this frame, ‘So you can buy one.’ My prediction is that you will be able to buy one with Dogecoin. Mark my words 🔮

Frame 00:35

Don’t believe it, check it out 👇🏻
Video + official website… pic.twitter.com/lpS891e7Kz

— WizardOfDoge (@DogeRetweet) October 11, 2024

Analyzing another clip from the event in which Musk mentioned Robotaxis’ potential to create a decentralized network, “Ðoge MacÐgethy” speculated that these vehicles could also be used to mine Dogecoin.

Despite the excitement surrounding the Robotaxi event, it is worth noting that Dogecoin’s upward momentum coincided with a rise in the price of Bitcoin. This correlation raises the question of whether DOGE’s strong form run is linked to Tesla consolidation or simply follows broader market movements.

science fiction future

The invite-only robotaxi event was held on October 10th at Warner Bros. Studios in Burbank, California. It presented a vision of futuristic transportation. Optimus Tesla Bots introduced the Robovan concept, designed to entertain guests and carry up to 20 passengers or transport goods.

Musk described robotaxi as a mix of traditional taxis and the Airbnb model, with Tesla operating the vehicles to transport passengers. He explained that Robotaxi owners can easily add or remove vehicles from their fleet through the Tesla app, allowing them to start earning with just a tap.

Robotaxi is expected to be priced at $30,000 and is expected to be released before 2027. However, tech YouTuber Marques Brownlee, who attended the event, expressed skepticism about this price range. He said the Cybertruck was originally sold for $39,900 in 2019, but ended up selling for a starting price of $95,000.

Brownlee also raised concerns about the timeline, questioning whether Robotaxi could realistically hit the market before 2027, given the regulatory hurdles facing self-driving cars.

On the flipside

  • brownlee doubtful optimus robot Was it after?male– Because of control speed Then they answered.
  • that Dogecoin Foundation I’m going to do ~ rotate viceroy “to call for people.”
  • confirmation bias can lead individual Speculating about unrelated events.

Why This Matters

Musk’s Dogecoin hints continue to captivate cryptocurrency enthusiasts, but widespread cryptocurrency integration faces significant obstacles in a global economy still firmly anchored in fiat currencies.

Billy Markus pokes fun at the recent market downturn.
Dogecoin Creator Calls for Stop Crypto Crash: Here’s How

The World Liberty Financial token sale got off to a slow start.
Trump’s WLFI token plummets as investors continue to alienate.

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