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Elon Musk Hints At Making Dogecoin A Payment Method For Tesla

DATE POSTED:September 7, 2024

Elon Musk has implied the possibility of Dogecoin (DOGE) returning as a payment method for Tesla’s merchandise, potentially drawing increased institutional interest toward the broader crypto market.

As digital assets gain more mainstream acceptance, assets with significant and unique use cases like ETFSwap (ETFS) are poised to lead the charge and outperform meme coins like Dogecoin in the crypto surge that may lie ahead.

Elon Musk Implies Dogecoin’s Comeback For Tesla Payments

Following a court victory that ruled Elon Musk’s comments about Dogecoin as “aspirational and puffery” rather than misleading, Elon Musk hinted at the potential return of Dogecoin as a payment method for Tesla’s merchandise. 

Tesla briefly accepted Dogecoin payments in January 2022 before the option disappeared. However, in response to a recent X post asking who wants the Dogecoin payment option brought back to Tesla, Elon Musk responded with a simple yet telling “Me,” leading to speculations of Dogecoin’s return. 

Elon Musk’s continued support for Dogecoin, which he has previously called “the people’s crypto,” could significantly impact the cryptocurrency’s adoption and value, especially as the Tesla CEO also hinted at the possibility of allowing Dogecoin payments for Tesla vehicles.

ETFSwap (ETFS) Investors Set To Reap Massive 108X Gains

While Elon Musk’s potential reintroduction of Dogecoin as a payment option for Tesla could spark a Dogecoin rally and attract more institutional investors to the crypto space, assets with unique use cases like ETFSwap (ETFS) are positioned to benefit even more significantly.

ETFSwap (ETFS) provides tangible utility by allowing users to trade tokenized versions of real-world ETFs in a decentralized environment without compromising stability. This platform uniquely merges traditional finance and DeFi by partnering with MiCa-compliant investment banks to ensure all tokenized ETFs traded on it are supported by real-world securities.

One major factor drawing investors to ETFSwap’s ongoing presale is a 108X growth prediction from analysts for the platform’s native token, ETFS, following the anticipated Solana and Ripple ETFs launch. Furthermore, ETFSwap (ETFS) has announced plans to launch its ETF in 2025, leading analysts to suggest that the 108X prediction could be an understatement, especially as crypto is expected to rally if Dogecoin returns as Tesla’s payment option.

Besides the growth potential, the ETFS tokens offer a steady passive income stream for early investors who stake their tokens, with up to 87% APR yield as a staking reward. These investors would also enjoy discounts on trading fees, voting rights on the platform’s future, and priority access to new ETF listings. 

Adding to the buzz surrounding ETFSwap (ETFS) is its AI ETF Screener and Tracker tool designed to maximize investors’ profits. This tool uses advanced algorithms to analyze market trends, historical data, and sentiment, providing reliable insights and recommendations on investments with high-profit potential.

ETFSwap (ETFS) investors can leverage this unique tool and the platform’s 24/7 market coverage to get the best entry points before investments become mainstream. They can further amplify their potential profits through the platform’s leverage options of up to 10x on all trades and 50x on perpetual futures.

This earning potential is driving users to its ongoing presale, which has seen a surge in participation since the platform announced plans to launch its beta version in less than 30 days. 

Currently, ETFS tokens are available at a discounted rate of $0.01831, but this price is expected to jump to $0.03846 in a few days, giving early investors a taste of the potential earnings to come with an instant 100% ROI.

To maintain security and transparency, ETFSwap (ETFS) has undergone thorough, smart contract auditing by Cyberscope and a comprehensive team KYC verification by Solidproof, which have confirmed the platform’s robust security measures and legitimacy.

Bottomline

As Elon Musk’s recent Dogecoin tweet could mean a potential crypto rally, now is the time to position yourself for 108X gains on a platform set to lead the charge, ETFSwap (ETFS). The ongoing ETFS token presale allows you to join at the best entry point, offering an instant 100% ROI when the price increases in a few days, ahead of potential 108X gains.

For more information about the ETFS Presale:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

The post Elon Musk Hints At Making Dogecoin A Payment Method For Tesla appeared first on The Merkle News.