As much as investors are playing with Dogecoin, scammers play with unsuspecting investors under almost every Elon Musk’s tweet. The latest one in this series is the impersonation of Tesla and hosting a fake giveaway scam. While giveaway scams aren’t new, scammers here are doing it more authentically to fool investors. Here’s how;

Bitcoin Giveaway Scams From Verified Accounts

Elon Musk asked his followers through a Twitter poll whether they wanted Tesla to accept Dogecoin as a payment. This isn’t surprising, as Tesla started similarly accepting Bitcoin earlier. But, fans are swayed as many reacted with memes under the poll. Also, the price of Dogecoin has increased a bit, but not as everyone expected it.

Do you want Tesla to accept Doge? — Elon Musk (@elonmusk) May 11, 2021