Retailer Newegg Might Start Accepting Dogecoin
Move over GameStop, there’s a new king of speculation in internet town. Dogecoin is continuing its meteoric rally to all-time highs, even prompting reputable retailers like Newegg to ponder if it’s a good idea to let PC gamers cash out their Doge gains by paying for new hardware.
Dogecoin is famous for being created as a joke cryptocurrency by software engineers Billy Markus and Jackson Palmer towards the end of 2013, just as that year’s crypto market was about to suffer a heavy correction. Of course, despite being born out of sheer humor, having it use the beloved Shiba Inu meme made the digital currency an instant hit among crypto enthusiasts and meme lovers alike.
Fast forward eight years and Dogecoin has started trading as high as $0.43, fueled by an elaborate mixture of Elon Musk tweets and WallStreetBets shenanigans, making it a go-to asset for rookie social media investors. With Dogecoin trending, even Newegg seized the opportunity by tweeting that the company is seriously considering accepting Doge tokens as payment for its vast range of products, with the post receiving over 50,000 interactions since.
