Tesla CEO Elon Musk has hinted at the possibility of accepting Dogecoin (DOGE) as a payment method for the company's electric vehicles in the future. Speaking at a Tesla manufacturing plant in Berlin, Musk stated, "At some point, I think we should enable that," adding, "Dogecoin to the moon." This news caused DOGE to spike 14% from $0.166 to $0.189 during the Asian trading session on Thursday morning.

Meme coins, including Shiba Inu, PEPE, and BONK, have experienced significant gains recently, with the total market capitalization of all meme coins reaching $65.5 billion, or around 23% of the entire crypto market. As the crypto market continues to grow, optimism remains high for the future of decentralized finance and BRC-20 tokens.