In 2021, Tesla and SpaceX Chairman Elon Musk used his tweets to stimulate the growth of the cryptocurrency meme Dogecoin to record highs.
Musk has now said that both of his companies will sell branded merch for Dogecoin. The businessman posted his tweet at the time of the biggest collapse in the price of cryptocurrency.
Musk used to stimulate the growth of the value of the token, but since then its price has fallen rapidly, and compared to 2021, it decreased by more than 70%.
Thursday October 14th, 2021
“Tesla merch can be bought for Doge, and soon SpaceX merch,” Musk wrote on Twitter.
After Mask’s tweets, the Dogecoin rate rose by 10%.