Tesla Trims Dogecoin (DOGE) Payment Note From US Support Page

Tesla removed its Dogecoin (DOGE) payment note from the US Tesla Shop support page; localized pages still list DOGE, and no official statement has followed.

(06:46 PM UTC)
4 min read
AI SummaryAI
  • Tesla removed the Dogecoin payment note from its US Tesla Shop support page.
  • Localized Tesla pages for Spain, France, Italy, Portugal, Belgium and Denmark still list DOGE payments.
  • Dogecoin's 365-day MVRV fell to -19.26%, placing most one-year holders underwater.
  • Dogecoin gained 14% in September, above its historical +12.5% September average.
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Tesla Trims DOGE Payment Note From US Shop

Tesla has removed its Dogecoin payment note from the main payment and pricing support page for the Tesla Shop, a change visible on the automaker's English-language site as of this writing. The page previously carried a line stating that Dogecoin payments could be accepted for select products; that wording no longer appears. The removal is not global: localized support pages for Spain, France, Italy, Portugal, Belgium and Denmark still tell shoppers that certain items can be paid for in DOGE. The company's dedicated Dogecoin payments page also remains online and continues to present the token as the only cryptocurrency Tesla accepts for merchandise. Tesla has issued no statement explaining the edit, and it remains unconfirmed whether DOGE checkout is being phased out or the page was simply reorganized. There is precedent for caution: chief executive Elon Musk indefinitely suspended Bitcoin payments in 2021, citing environmental concerns. Our read of the page history suggests housekeeping rather than a policy shift, but shoppers should treat DOGE availability as product-specific until Tesla confirms otherwise.

Musk's “lol” Reply Rekindles Attention

Elon Musk reentered the crypto conversation on Wednesday, replying “lol” to an archived screenshot of his profile from the NFT boom. The gesture read as nostalgic irony rather than a pump signal, but it nonetheless pulled attention back to the largest meme coin at a moment when its price structure is firming. Long-run return data pulled by our desk show September has historically closed positive for Dogecoin, averaging +12.5%, and this month is tracking that pattern with a +14% gain so far. The fourth quarter is the coin's strongest stretch on record: November has averaged +15.5% and December +18.9% going back to 2013. Against that backdrop, the sideways, accumulation-heavy autumn price action reads less like stagnation and more like a classic buildup into year-end. Technicians have already been constructive: our earlier Kumo breakout confirmation note flagged the signal near $0.088, and price has since pushed above that marker. Followers seeking context can start with our primer on how to buy Dogecoin and our Dogecoin coverage hub.

Whale Transfer Meets Strong Buy Zone

On-chain data underpins the discount thesis. Analytics platform Santiment reports that Dogecoin's 365-day MVRV ratio — market value versus realized value — has fallen to -19.26%. A negative reading means most holders who bought within the last year are sitting on unrealized losses, which historically suppresses the urge to sell at a loss. Santiment classifies this territory as a strong buy zone, a band from which the asset has previously staged clean rebounds. Meanwhile, whale monitoring services recorded a transfer of 250,000,000 DOGE — roughly $23.2 million at a reference price of $0.093 — from an anonymous wallet to Binance. Inflows of this size are usually read as profit-taking preparation, yet Dogecoin's resilience to spot selling pressure in recent weeks suggests the movement may be an internal liquidity redistribution rather than panic selling. Buy-side demand has been visible elsewhere: our separate reporting shows $1.17 million in daily spot ETF inflow, the largest since May. With media attention renewed, a flushed on-chain picture and historically strong Q4 statistics, the speculative shakeout appears complete and DOGE is trading in a rare, deep-discount band for participants focused on data over emotion. Readers tracking the market in real time can follow live spot and futures prices on MEXC.

$0.0976 Resistance in Focus

COINOTAG's proprietary 42-indicator composite S/R scoring engine puts DOGE at $0.0965, up 4.74% over 24 hours. Our composite rates the $0.0976 resistance at 71/100, driven by the confluence of a flipped S→R level, the 0.236 Fibonacci retracement and the upper Bollinger Band, with $0.1050 next at 68/100 (Fibo 0.000, Donchian upper). Support at $0.0939 scores 89/100, powered by the 0.382 Fibonacci, a flipped R→S level and the Ichimoku Tenkan and Kijun lines. Momentum is constructive — RSI at 61.57 with a bullish MACD — while perpetual funding sits at a mild 0.0040% with $558.2 million in open interest and a 3.46 long/short ratio (77.6% long). Fear & Greed reads 71 (Greed). A close above $0.0976 targets $0.1050; losing $0.0939 invalidates the bullish thesis.

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