US online electronics store Newegg has added Dogecoin (DOGE), which has shown a parabolic rise in recent days, among its payment options.
Newegg, In his announcement on Tuesday announced that the company will receive DOGE payments through its crypto payment platform BitPay.
The company announced the new feature on Doge Day, when DOGE supporters announced it as a kind of celebration day. Dogecoin supporters are hoping the cryptocurrency will reach $ 1 today.
— DogeCoin (@OnIyDOGE) April 20, 2021
Newegg Senior Brand Manager Andrew Choi stated that cryptocurrency has shown an undeniable momentum. “The recent rise of Dogecoin highlights the need to make it easier for consumers to use cryptocurrency for purchases.”
Newegg partnered with BitPay in 2014 to become one of the first online shopping sites to accept Bitcoin (BTC). The company, which first started accepting Bitcoin in the USA, later took the payment option to more than 70 countries.
Born as an internet joke, Dogecoin has gained more than 480% in the past seven days. DOGE’s market value exceeded $ 50 billion for the first time on April 19.