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You are here: Home / News / Altcoin News / Dogecoin Now Accepted for Payment at Loop Rides by Elon’s Boring Company
Dogecoin Is Now Accepted as Payments for Loop Rides by Elon’s Boring Company

Dogecoin Now Accepted for Payment at Loop Rides by Elon’s Boring Company

July 7, 2022 by Goku

Customers are now able to use Dogecoin to pay for rides on Elon Musk’s The Boring Company (TBC) transportation system in Las Vegas (DOGE)

According to a story published on Wednesday by CNN, BitPay’s new payment option first appeared on July 1, one day after the debut of the company’s new Loop station at the Las Vegas Convention Center.

Although the creator of The Boring Company, Elon Musk, did not formally acknowledge the new payment option, he appeared to have done so when he replied to a tweet about it: “Supporting Doge wherever feasible.”

Supporting Doge wherever possible

— Elon Musk (@elonmusk) July 6, 2022

Transportation for Loop rides just became easier with Dogecoin payments

The same day, DogeDesigner, a graphic designer for the Dogecoin Foundation, posted a video to his 13,600 Twitter followers in which he can be seen utilizing BitPay to pay 37.52 DOGE for a day pass and navigating the Vegas Loop booking website.

To get from one station to the next, passengers can board human-driven electric cars bearing the Tesla brand. It differs greatly from the initial designs for the “hyperloop” in Vegas, which called for the use of magnetic propulsion to swiftly convey passenger capsules over a network of pressurized tunnels.

The company is still aiming to eventually include autonomous vehicles into its transit system in Vegas. The newest integration for Musk’s portfolio of businesses is the support for Dogecoin payments on Loop.

Dogecoin’s value increased by 25% as a result of Tesla CEO Elon Musk’s statement in December that the electric car maker will start accepting DOGE for some goods transactions.

Even though there was little to no price change, Musk said in May 2022 that he was going to expand the SpaceX payment option. At the time of writing, Dogecoin’s price was $0.06843, up around 0.89 percent over the previous day.

Filed Under: Altcoin News, News Tagged With: Boring company, DOGE, Dogecoin, Elon Musk

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