Dogecoin (DOGE) holders are rallying behind Elon Musk as Tesla launches “Cyberwhistle.” Because CyberWhistle can only be purchased with DOGE. Here are the details…
Tesla launches CyberWhistle, bought only with Dogecoin
“Blow the whistle!” to Elon Musk’s followers on Twitter! Hours after he made the call, Tesla’s Cyberwhistle product was officially sold out. This product was intended to promote products that can only be purchased with DOGE. According to Tesla’s website, there are the following statements about the product:
Inspired by the Cybertruck, the limited edition Cyberwhistle is a premium collection made of medical grade stainless steel with a polished finish. The whistle includes an integrated link feature for added versatility.
Specifically, each item costs 1000 DOGE, which equates to just over $60 at current rates. It is also useful to mention the “Blow the whistle” event. Musk’s call may be an attempt to draw attention to statements made by Twitter security chief and whistleblower Peiter Zatko yesterday before the US Senate. In particular, Musk and his team believe that Zatko’s statements support lawsuits to withdraw from the Twitter deal. They also obtained permission to use Zatko’s testimony in court.
Musk wanted to buy Twitter
Cyberwhistle’s swift sale under these circumstances demonstrates Musk’s following among the Dogecoin community, which hopes DOGE will become an acceptable means of payment on Twitter under the billionaire’s ownership. As we reported on Kriptokoin.com, earlier this year, Tesla CEO made a $44 billion offer for Twitter. However, he decided to take a step back after he felt that the firm was not being honest about the number of bots on the platform.
Zatko’s statements, in particular, support Musk’s claims that the company has a lot to lose as it is open about the number of bots on its microblogging platform. Cyberwhistle is reminiscent of the Tesla Cybertruck. It will be delivered to lucky buyers in 4 to 6 weeks. While Musk continues to advocate DOGE as an excellent value exchange tool, Tesla officially began accepting Dogecoin as payment for goods in January.
Latest situation in DOGE price
Meanwhile, DOGE, the largest meme coin by market cap, is changing hands at $0.0606, down 4.8 percent in the last 24 hours. It ranks eleventh with a market capitalization of $8.2 billion. It is worth noting that Shiba Inu (SHIB), the second largest meme coin with a valuation of $7.1 billion, came right after. DOGE seems to have been negatively impacted by the recent market drop for the past 24 hours. On the other hand, the value of crypto money has gained 3 percent in the last 7 days.