Dogecoin Reach Through 1,800 ATMs In The USA
Do you remember the famous crypto meme? The meme was about Dogecoin. But something splendid happens this time. Traders and investors of Dogecoin (DOGE) can easily reach through 1,800 ATMs across the United States.
So, the citizen of the U.S. now will be able to purchase Dogecoin from ATMs in 45 of the country’s 50 states.
On the other hand, the leading Bitcoin ATM provider Coinflip has already shown support for this popular crypto mimic coin.
Moreover, according to the DigitalCoinPrice source,
DOGE is a profitable investment based on the forecast. By the end of 2021, the coin price will reach $0.08. In 2025, the DOGE rate can be around $0.17.
So, investors are going to accept the crypto coin only for its recent popularity and massive adoption.
Elon Musk Tweet On Dogecoin
Definitely, the investors are aware of the price movement of Dogecoin. He moved the market seamlessly by tweeting a picture of Dogecoin.
According to the Cointelegraph,
On Feb. 4th, the cryptocurrency’s price rose 25% within minutes after Tesla and SpaceX founder Elon Musk posted a rocket going to the moon and adding “Doge” in the comments.
Moreover, a few days later, another tweet from Elon sends Dogecoin’s price up by 10% in just 30 minutes.
Price Of Dogecoin Controlled By Market Leaders
It is apparently visible that the market leaders completely control the price of Dogecoin.
In one survey, the world’s second-richest man asked if Dogecoin will be the earth’s future currency. The answer was quite impressive for those who agreed to invest in this coin. Almost 72% of the 2.4 million respondents said yes.
You will find many examples like this. Mark Cuban’s owner told Forbes that it is not bad for the meme coin to get attention from the volatile market.
Cuban also added that,
[DOGE] gives you a better chance of winning than a lottery ticket all while teaching the economics of supply and demand and introducing people to crypto-assets. I truly love it as the lowest-cost economics teaching tool available that entertains at the same time.
Though the price showed some light, some users theorized that Dogecoin’s price wave wasn’t entirely organic.
Final Words
The firm Coinflip has increased the number of ATM support from 441 to approximately 1,800 since January 2020. Undoubtedly, it will provide a good sign among users who are using the service.
Along with this DOGE, the firm’s ATM also supports Bitcoin, Ethereum, BNB, Dash, Litecoin, LINK, USDC, and XLM.
