Elon Musk’s Boring Company Will Accept Dogecoin for Las Vegas Loop

The Boring Company announced the opening of a transit station in Las Vegas on Friday Dogecoin According to, as a new payment method for using the Vegas Loop system report from CNN businesss.

Elon Musk, the founder of The Boring Company and CEO of Tesla, said in a tweet that he “supports Doge as much as possible.” CNN businessThe story is shared on Twitter, but everything except seeing a new use case for Dogecoin, the 10th largest cryptocurrency by market capitalization. CoinMarketCap..

The Las Vegas Convention Center Loop has three different stations in the exhibition hall within the Las Vegas Convention Center (LVCC), which will one day provide an underground connection to Resorts World Las Vegas. Depending on the destination, the travel time using the tunnel system will vary from 1 minute to 4 minutes.

It consisted of a 1.7 mile tunnel and was built in just one year. The tunnel system reduces travel between campuses. Company websiteWill cost $ 47 million to build.

Currently, Tesla drivers can travel underground from the resort world to the LVCC, but to use the tunnel that connects the exhibition hall, the driver exits one tunnel from a station called the Riviera and leaves the parking lot. You need to cross over to another station called West Station.

Vehicles using loops are now free, but riders will eventually be able to scan the QR code at New Resort Station and purchase tickets using Dogecoin or traditional credit cards. CNN business..

This is the latest example of a mask that used one of his businesses to shed a positive light on Dogecoin, a memecoin created as a joke in 2013. May, mask Announced Tesla products It can be purchased using Dogecoin and its SpaceX will soon follow suit.

Musk has defended Dogecoin for years by appearing in spats with Coin’s co-founder and SNL, where asset prices plummeted after the episode’s debut. Last month, millionaires said they would continue to support Dogecoin on Twitter. When the user responded to a statement that Mask should continue to buy Dogecoin, he replied, “I am.”

Under the care of the mask, Dogecoin peaked at 73 cents last May. Tesla’s CEO originally created a frenzy around Dogecoin when he tweeted in 2019 that “Dogecoin may be my favorite cryptocurrency.”