DOGE Surges as New Elon Musk Product Hits Market

Estimated read time 2 min read
  • Elon Musk, the world’s richest man promotes a new fragrance product “Burnt Hair” that allows DOGE as a method of payment.
  • DOGE’s price is expected to surge after the Elon effect

Elon Musk, the world’s richest man has brought a new aroma into the crypto world with the launch of a new perfume named “Burnt Hair” from the bored company. Describing the new product, Elon termed the perfume “the best fragrance in the world”

According to Musk, the product is worth $100 inclusive of tax and shipment. The product’s price is in correlation to 1650 DOGE tokens at current exchange currents. Additionally, it was noted that whoever would buy the perfume now would indeed receive their shipment by Q1 2023.

Musk teased that the fragrance business would bloom due to his name.

If you’d wish to smell like you have just bent over a dinner candle, a description that has startled many. Quite a number compared the product to that of the “not-a-flamethrower” launched 4 years ago. The company managed to sell more than 20,000 units of that product.

The boring company isn’t the only company that accepts DOGE as a payment method. Musk’s own  CyberWhistle, enables customers to use Dogecoin to pay for products. CyberWhistle is a premium-grade collectible characterized by medical-grade stainless steel and a polished finish. 

Previously, The Tesla boss has not once praised DOGE as a better method of payment even surpassing the King of crypto. Hence, he does not seize all his companies from accepting Dogecoin as a means of payment. Hours after posting the new development, Elon took to Twitter to announce that 10,000 of the products were already sold out.

DOGE’s Price Surges Following Elon’s Effect

A few weeks ago saw Dogecoin price recording green bars after the world’s richest man revealed his interest in bagging home as a new Twitter owner. Meanwhile, he has done it again. The new Elon announcement has significantly impacted DOGE’s price. At the time of writing, the meme coin is exchanging hands for  $0.0602, only up 0.9 percent in the last 24 hours.

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