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Online Retailer Newegg Accepting Dogecoin as Payment Option
The announcement coincides with “Doge Day” in which enthusiasts and traders are pumping the coin hard to get its price to $1.
Updated Sep 14, 2021, 12:42 p.m. Published Apr 20, 2021, 9:23 a.m.
Online electronics retailer Newegg said it is now accepting dogecoin as a method of payment.
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- Customers will be able to complete transactions using the dogecoin held in their BitPay wallet, according to an announcement Tuesday.
- Newegg first began accepting payments in bitcoin in July 2014.
- The company is now among the first retailers to accept dogecoin as payment.
- This also coincides with “Doge Day” today, 4/20, in which proponents of the meme-based cryptocurrency are hoping to get the coin’s value to hit $1.
- At press time it is sitting at $0.41, compared to $0.09 just a week ago. Year to date, the coin has gained more than 8,700%.
See also: Coinbase Misses Out on Dogecoin Listing as Meme Token Rallies 6,000%+ on Binance
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