Elon Musk’s Tesla Testing Dogecoin Payments Under ‘Shiba’ Code-Name, Source Code Allegedly Reveals


Tesla may be testing Dogecoin as a cryptocurrency payment option. An analysis of Tesla’s source code showed options for “Order in SHIBA” listed among the existing options – orders with cards and orders with bitcoin. On Twitter, a user did some digging, saying that it may actually refer to Dogecoin and not the Shiba Inu (SHIB) cryptocurrency. This is understandable as Musk has expressed his support for Dogecoin, and has gently turned down the Shiba Inu token. However, the latter has emerged as the 11th largest cryptocurrency by market cap at the time.

As part of an eight-part thread, a Twitter user going by the handle @Tree_of_Alpha revealed that the “Order with Shiba” page redirects to the “Processing” page when Doge PAYMENT is attempted, but not SHIB.

The tweets had screenshots which suggested that the name Sheeba was mentioned Tesla The page is actually Dogecoin.

It looks like Tesla is referring to Dogecoin as “Shiba”, probably a code-word inspired by the face of a real dog on Dogecoin. The dog is of Japanese breed Shiba Inu

musk Feedback or acceptance on the development is still awaited.

In May this year, Musk posted a Twitter poll asking people whether Tesla should include DOGE as a method of payment, to which 78.2 percent of respondents said “yes.” However, there has been no significant development on that front so far. According to CoinMarketCap, the meme-based coin is currently trading at $0.2812 (approximately Rs.20) per token.

Hype around DOGE and SHIB tokens is gathering momentum, at a time US’ whistleblower Edward Snowden recently advised meme coins Investors should be “beware”.

Snowden wrote on Twitter, “If you’ve got the point of exchanging your hard earned money for some new dog money because a meme said you’ll get rich, please consider your odds carefully. ” Dogecoin vs Shiba Inu Face-off even more spicy.


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