Tesla CEO Elon Musk on Tuesday said that the EV company will start accepting Dogecoin as currency for some merchandise on a test basis.

Musk took to Twitter to make the announcement, saying, “Tesla will make some merch buyable with Doge & see how it goes.” Post this announcement from Musk, Dogecoin jumped 24% to $0.195.

Tesla sells merchandise such as apparel, belt buckle, mini models of its vehicles including quad bike, called Cyberquad for kids and Cyberwhistle which has been modeled after its much-awaited Cybertruck.

Musk has been a cryptocurrency enthusiast and supporter, and had asked Twitter users in May this year if they wanted Tesla to accept Dogecoin as a currency for purchasing its electric vehicles. He had called Dogecoin a meme-inspired cryptocurrency, during his guest-host spot on the ‘Saturday Night Live’ comedy sketch TV show in May. Dogecoin, much like Bitcoin, is a cryptocurrency but one that has a Shiba Inu dog from a meme as its logo