Respondents were asked whether they want Tesla to accept Dogecoin as a payment method, on a poll by Elon Musk on Tuesday, via Twitter.
Over 400,000 responses in the first 10 minutes was gathered by the pool, which was posted at 8:00 am and is almost at the one million mark, at the time of compiling this report. The tweet could be a precursor to the company adding the popular meme coin as a payment method and it will run for 24 hours.
The Shiba Inu-themed cryptocurrency, has been proposed by its proponents to be added by Elon Musk to its list of accepted payment methods given Musk’s apparent fondness for the token
Also, with about 78% of respondents in support of Tesla accepting Dogecoin payments, responses to the poll has been overwhelmingly favor
As expected, Musk’s tweet has caused a significant reaction in the Dogecoin price with the 15-minute chart showing a sudden price action surge for DOGE coinciding with the time when the poll was published.
Dogecoin is up more than 10,600% year-to-date and seemed on course for the $1 mark earlier in May on the back of feverish market enthusiasm.
Such has been the Dogecoin enthusiasm that internet search interest for DOGE outstripped Bitcoin for the first time according to Google Trends.
Tuesday’s tweet is the latest linking Dogecoin to one of Musk’s companies. As previously reported by Cointelegraph, Geometric Energy Corporation — a Canadian manufacturing and logistics firm — has announced plans for a DOGE-fueled payload on one of SpaceX’s first rockets to the moon.