Update: The Dogecoin payments feature is now active and public on the Tesla (NASDAQ:TSLA) website, with the online shop displaying prices in both Dollars and Dogecoins. In addition, there is a Dogecoin FAQ posted on the Tesla website.
The news was also announced on Elon Musk's Twitter account:
This confirmation led to a new high of over $0.21 on the DOGE/USD, up 30% from yesterday's low.
NB: The content below was written before the above news was released.
Investing.com - While Bitcoin is stalling, as are many other cryptocurrencies this Friday, the most notable exception is Dogecoin, which is up 14% over 24 hours, with the help of a Tesla rumor...
Starting from a low of $0.1616 around 8pm last night, Dogecoin spiked to $0.1953 early this morning after rising nearly 21% in 10 hours, and remains near that high at the time of writing.
For once, however, it wasn't a tweet from Elon Musk that got DOGE off the ground, but rather findings released by developers.
In a tweet picked up by several crypto sites, "Tree of Alpha", a software engineer who analysed Tesla's (NASDAQ:TSLA) source code, said that "the Tesla $DOGE payments backend is now active. Everyone can see it on the following link that was generated after clicking to buy with DOGE."
In subsequent tweets, Tree of Alpha warns that the Dogecoin bills it accessed are no longer available, but expresses confidence that many people have had time to verify its claims for themselves, calling for Elon Musk's Twitter (NYSE:TWTR) account to be monitored for confirmation:
In the end, Tree of Alpha's findings prove above all that Tesla is currently testing Dogecoin payments, which should come as no surprise to anyone.
Indeed, this information comes just a month after Elon Musk said in a tweet that Tesla would accept DOGE payments for goods and "see how it goes".