Dogecoin used in purchasing Tesla cars will only increase the value of dogecoin. Elon Musk is a whale in the market and have frequently bagged huge pieces of coins unknown but he decided to explore the price of Dogecoin in the market. We all know the story of dogecoin to be an abandoned project in the market but looking at the forcible actions pulled by Elon Musk, who happen to be the CEO of the project, he's keen of reviving the projects back to active bull run, remember bitcoin halving is in some weeks from now and that's also good news for other altcoins to rejoined in tracks for skyrocketing runs.