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Tesla may accept the meme currency as a payment form.

Tesla CEO Elon Musk has not made secret his fondness for the “meme” cryptocurrency Dogecoin, a cryptocurrency branded with the distinctive image of an internet-famous shiba inu dog. Musk’s enthusiasm for the crypto has, in turn, ballooned its value; every time Musk brings it up in a public setting, be it on his Twitter or during a stint hosting Saturday Night Live, Dogecoin’s value increases even more. Dogecoin has been somewhat quiet for the past few months, but it seems Musk’s connection to the crypto is still going strong if a recent rise is any indication.

Yesterday, Musk tweeted a brief message on his personal Twitter, writing “Tesla will make some merch buyable with Doge & see how it goes.”

This message, similar to a previous one that Musk made about Tesla accepting Bitcoin payments (though this was eventually walked back due to environmental concerns), caused a notable spike in Dogecoin valuation. Not long after Musk posted the tweet, Dogecoin’s value hit a high of a 23% boost. At time of writing, while the surge has calmed down and the boost settled, Dogecoin is still ranking high, with a single unit currently valued at approximately 17 cents USD.

The constant fluctuation of Dogecoin’s value has proven to be a source of ire for some crypto enthusiasts, who still believe it to be nothing more than a meme coin whose value is only determined by its ubiquity.

“I’m actually not convinced … that dogecoin is good for the crypto market,” Brad Garlinghouse, CEO of crypto firm Ripple, previously told CNBC.