Elon Musk signals support for Dogecoin’s ‘Update’ as the Bitcoin price unexpectedly rises
Elon Musk, who has recently alienated much of the bitcoin and cryptocurrency community, has reaffirmed his support for meme-based cryptocurrency dogecoin. The price of dogecoin has exploded this year, rising nearly 10,000% since October 2020 and propelling the memecoin into the top ten cryptocurrency rankings, aided by Musk’s erratic Twitter persona. In comparison, the price […]
AMC Theaters now accepts Dogecoin following viral community appeal
AMC Theaters CEO Adam Aron announced on Wednesday that the chain would now accept Dogecoin payments for digital gift cards via BitPay Wallet. The Dogecoin community, which is known for its enthusiasm for adoption campaigns, took to Twitter in droves to support the asset’s inclusion in the theatre’s payment options . Users can now buy […]
From movie tickets to real estate, here’s how Dogecoin is stealing the show in the adoption stakes
Dogecoin has seen some significant adoptions in the year 2021. Dogecoin’s use as a payment method is now at the forefront of its attempt to establish itself as a genuine crypto competitor. According to available data, the number of shops that currently take Doge as payment has increased by more than 60% in the previous […]
Elon Musk – dogecoin fees need to drop before being considered a viable payment option
Following AMC CEO Adam Aron tweet where he indicated that Dogecoin may be accepted as a payment option at its theatres in the future, Elon Musk says Dogecoin fees need to drop before becoming a viable option for retail purchases . Musk responded to Twitter user Shibetoshi Nakamoto, also known as dogecoin co-creator Billy Markus […]
Interest in Dogecoin Wanes as Daily Transactions Reach Multi-Year Low
With its eye-watering gains earlier this year, Dogecoin captured the hearts and minds of the financial community. However, in recent months, Dogecoin’s popularity has fallen precipitously. According to CryptoCompare, a cryptocurrency market statistics source, the number of daily transactions on its network has decreased to barely 18,000. In April, it reached a peak of more […]