The centibillionaire the CEO of SpaceX, Tesla, Elon Musk has not ceased supporting Dogecoin as the news came yesterday that his tunnel construction firm The Boring Company (TBC) has raised support on the Dogecoin, allowing customers to pay for rides on its Las Vegas transit system using the largest meme cryptocurrency, Dogecoin.
The updates were revealed on the Twitter page Mishaboar, capturing the news on CNBC, the new payment option through BitPay show on Friday, a day after the opening of its new loop station at the Las Vegas Convention Center.
Howbeit, the centibillionaire hasn’t officially announced the acceptance by his tweet in response to the tweet meant to his agreement with the update;
“Supporting Doge wherever possible”
On that same day, July 6th, DogeDesigner, a graphic designer for Dogecoin Foundation, shared a video with his Twitter followers which are over 13k toiling the Vegas Loop booking page purchasing a day-pass using 37.52 DOGE through BitPay.
Many followers of this tweet applauded Musk for keeping to his promises continually. The customers can simply scan the QR code and pay for the trip with cryptocurrency.
Effect on Dogecoin’s Price
Last December, Elon Musk announced that the electric vehicle company would begin to be bought with Dogecoin for certain merchandise purchases which made the Dogecoin spike by 25%, and Musk’s support in May 2022 wasn’t showing any effect on the Dogecoin.
Presently, the meme coin is trading at $0.06851 at the time of writing, up around 1.15% over the last 24 hours.