The Boring Company which is founded by Elon Musk will accept DOGE as a payment method, with Musk saying that he will support the coin wherever possible so let’s read more today in our latest Dogecoin news.
The Boring Company opened a transit station in Las Vegas and will support dogecoin as a new payment method for using the Vegas Loop system. Elon Musk said he will be supporting DOGE wherever possible but he didn’t confirm the new use case for DOGE as the tenth biggest crypto by market cap.
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The Las Vegas Convention Center Lopp has three stations at exhibition halls in the Las Vegas Convention Center and will one day provide an underground connection to the Resorts World in Las Vegas. Based on the destination, the travel times will vary from one to four minutes.
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— Elon Musk (@elonmusk) June 19, 2022
The network consists of 1.7 miles of tunnels and was built in one year. The system reduces a cross-campus journey that takes 45 minutes of walking to around two as per the company’s website and it cost $47 million to build. Right now, drivers using their Tesla cars can travel underground from Resorts World to the LVCC but in order to use the tunnels, the drivers have to exit one tunnel via a station called Riviera and a cross parking lot to enter West Station.
While the rides using Loop are free for now, the readers will have to scan a QR code at the New Resort station and buy tickets using a DOGE or a credit card. This is the latest example of Musk using one of his businesses to put DOGE in the spotlight which was a meme coin created as a joke back in 2013. Musk announced the merchandise for Tesla and said customers can soon start using DOGE to buy Tesla or SpaceX merch. Musk praised DOGE for years but he did have spats with the co-founders after his appearance on SNL that crashed the price of the asset.
Tesla merch can be bought with Doge, soon SpaceX merch too
— Elon Musk (@elonmusk) May 27, 2022
Last month, the billionaire said he will not stop supporting DOGE and under the attention of MUSK, DOGE reached a peak of 73 cents last year and the CEO sparked rumors of DOGE back in 2019 when he said that the coin is his favorite cryptocurrency.
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