Tesla accepting bitcoin payments and running its own nodes is "massively bullish," according to one analyst.
The Tesla CEO said bitcoin paid to the company will stay as bitcoin and not be converted into fiat.
The NFT features a gold trophy decorated with "diamond hands," a group of Shiba Inu dogs, a moon and the crypto term "HODL."
A listing on Coinbase would unleash dogecoin to a whole new breed of investor.
Should the rumor be true, evidence that the CEO has been a vocal booster of DOGE won't be hard to find.
Markets still remain bullish; retail traders take to derivatives.
The bitcoin paid to a California car dealership in 2013 would now be worth $4.1 million.
The Tesla CEO said crypto users should avoid wallets that do not give them access to their private keys.
How Tesla caught a lucky break.
Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.
Tesla also expects to begin accepting bitcoin as a form of payment for its products "in the near future."
DOGE also jumped four places on the list of most-valuable cryptocurrencies to No. 7.
Musk was apparently welcoming dogecoin's latest price bounce.
It would be the most "entertaining and ironic outcome" if dogecoin "becomes the currency of [E]arth in the future," Musk also said.
The price jump coinciding with Elon Musk's Twitter attention retraced over the weekend.