Dogecoin (DOGE/.USD) has jumped by around 20% to $0.54 in a swift move Elon Musk, founder of Tesla and SpaceX tweeted a poll asking if his company should accept this cryptocurrency as a means of payment. It seems to have ended its consolidation.
The asset traded at around 0.444 earlier in the day, making the upswing even more dramatic.
Do you want Tesla to accept Doge?
— Elon Musk (@elonmusk) May 11, 2021