China Economic Weekly- Economic Network News (Reporter Shi Qingchuan) On January 14, Tesla's official website in the United States showed that some goods began to accept only "Dogecoin" payment.
According to Tesla's official website store in the United States, there are currently Tesla belt buckles, children's toy cars and whistles three products that only accept "Dogecoin" payment. The reporter found through inspection that the same product on China's official website only has a whistle, and the whistle is currently priced at 350 yuan and is out of stock.
The reporter then contacted Tesla officials to ask relevant questions, and as of press time, the official did not give any response.
Tesla founder Musk has always been fond of "Dogecoin", and since 2019, he has often carried information about "Dogecoin", when Musk said on personal social media, "Dogecoin may be my favorite cryptocurrency." ”
Musk's impact on the price of Dogecoin is also very significant, and in January 2021, Musk posted a picture of a fictional Dogue magazine on personal social media, and then the price of Dogecoin soared by 800% in 24 hours. On February 4, Musk Lian said on his personal social media, "You don't need to be a rich man to own, Dogecoin is the people's cryptocurrency." On that day, the price of Dogecoin rose by 60% to reach a market capitalization of $10 billion, becoming the eighth-largest cryptocurrency in the world.
On May 8, Musk participated as a host in the recording of NBC's hit late-night comedy show "Saturday Night Live" (SNL). During this period, when asked whether Dogecoin is a "hustle". He replied: Yes. Subsequently, Dogecoin fell by more than 40%.
After the Tesla US official website appeared to be only able to buy goods that can be purchased with "Dogecoin", the maximum increase of Dogecoin on the day also reached 19.5%.
Currency circle related foreign investors told China Economic Weekly that most of the recent rise and fall of virtual currencies is synchronized with the NASDAQ, the similarity between the two is the liquidity premium, the biggest risk is the US dollar interest rate hike and shrink the balance sheet, the difference is that the currency circle hematopoietic ability is weak, nasdaq "FANMG" (Nasdaq several head technology companies abbreviation) also has a relatively strong cash cattle capability. Since the mainstream stablecoins are almost all based on the US dollar, it is normal that virtual currencies are highly correlated with the US stock index.
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