In the morning Polish time announced Newegg Twitter surprising news. The company accepts payments in Dogecoin (DOGE).
Newegg opens up for DOGE
A couple of hours ago, the company posted the following tweet:
We accept now #dogecoin as an official payment method via BitPay.
Just click on “Edit” in the payment section at checkout, select @BitPayand complete your transaction.
Happy #DogeDay to all, let’s share the good news 🚀https: //t.co/Fht42HlwTi pic.twitter.com/VoBKip1nqQ
– Newegg (@Newegg) April 20, 2021
Newegg added Dogecoin as the new official payment method. The company said the new feature was introduced in conjunction with Doge Day – a cryptocurrency holiday organized by DOGE supporters that was celebrated on April 20. Supporters of this controversial cryptocurrency obviously hope that DOGE will hit $ 1 today. As of this writing, the price is $ 0.4.
Neweggs senior brand manager Andrew Choi said there was a growing interest in the cryptocurrency market “Undeniable”.
– The recent increase in Dogecoin’s value highlights the need to make it easier for customers to buy with this popular cryptocurrency – he noticed.
Newegg became one of the first major online stores to accept Bitcoin (BTC) when the company partnered with BitPay in 2014. The company originally debuted in the United States and expanded its payment option to more than 70 countries.
– We are committed to making it easier for our customers to shop in the way that is best for them, which means that we enable them to make transactions with the payment method that suits them best. To this end, we are pleased to offer Dogecoin fans an easy way to shop online – Sa Choi.
Banhopp
Newegg’s opening for Dogecoin payments comes amid the DOGE price increase, where altcoin has risen over 480% over the past seven days. On April 19, DOGE’s market capitalization reached $ 50 billion for the first time in history, and the coin reached a full-time high of $ 0.45.
DOGE is also Elon Musk’s favorite cryptocurrency, which often tweets about it, which often drives its course.
But not everyone is a supporter of DOGE. Cardano founder Charles Hoskinson says the DOGE bubble will end tragically.
– DOGE has always been a kind of inner joke for our industry, a fun, easy thing. It just always seems to exist though [jest] something we have never taken seriously in most cases. Recently, thanks in large part to the efforts of Elon Musk and the market manipulation of smart whales, Doge has become a haven for new players in the cryptocurrency space – He said. – Let’s be clear – this is a bubble. The DOGE award is not sustainable. It will collapse and a large amount of retail investors will be lost very quickly – Added.
