Elon Musk joked about his Texas University accepting DogeCoin as tuition fees and it made the DogeCoin Market cap up by $3 billion.
A few days back, Elon Musk wrote on Twitter that he wanted to start a university and also suggested a name for his University ” Texas Institute of Technology & Science”.
As we know, Elon Musk is that person of the world, who made many impossible things possible with the help of technology, brain & money power. So probably they may start a new University.
But besides being a tech entrepreneur, Elon Musk is known for his support in the crypto space to bring adoption of DogeCoin. So Elon Musk tweeted that the University will charge tuition fees in DogeCoin and concessions for those who will own a Dog pet.
After the tweet of Elon Musk regarding DogeCoin, the market cap of Dogecoin gained $3 billion. Since it was a joke, as we expected, there are huge chances that Elon Musk may allow DogeCoin payment if they will start any university.
Elon Musk DogeCoin adoption
Elon Musk is popular because of his support for Doge as a DogeFather. Many times he supported DogeCoin through the tweets about Dogecoin.
In the middle of this year, Elon Musk said that they will launch the Doge-1 satellite to the moon and all the funding will be done in DogeCoin only.
It is worth noting, Elon Musk doesn’t support any other DogeCoin inspired crypto-asset because Elon believes that if a crypto asset has no use case then that asset is useless. Elon Musk only believes in DogeCoin, bItcoin, Ethereum only and also he owns these coins.