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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.
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
Jamie Crawley
Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.
