The recent rise in popularity of Dogecoin has given way to more companies accepting the cryptocurrency for payment.
Dogecoin has seen a surge in recent months due to celebrity support primarily from Tesla CEO Elon Musk, who has tweeted about the currency on multiple occasions. He has called the crypto the “future currency of Earth.”
The people have spoken … https://t.co/x41oVMzTGo
— Elon Musk (@elonmusk) February 8, 2021
Other celebrities such as Snoop Dogg, Gene Simmons, and Kevin Jonas have also endorsed Dogecoin, and more recently, Dallas Mavericks owner Mark Cuban announced that his NBA franchise would be accepted it as payment for tickets and merchandise. In May 2019, the Mavericks began accepting Bitcoin, Business Insider reported.
The @dallasmavs have done more than 20,000 #Dogecoin in transactions, making us the LARGEST #DOGECOIN MERCHANT IN THE WORLD ! We thank all of you and can only say that if we sell another 6,556,000,000 #DOGECOIN worth of Mavs merch, #dogecoin will DEFINITELY HIT $1 !!! ___
— Mark Cuban (@mcuban) March 6, 2021
Adding to the acceptance of Dogecoin, cryptocurrency ATM provider CoinFlip announced that the currency would be available for purchase at 1,800 ATMs throughout 46 states in early March as demand and adoption of the currency increases. Locations can be searched by zip code or address using its online ATM locator.
Retailers that accept Dogecoin for payment are also growing. On Tuesday, luxury hotel group, The Kessler Collection announced that it would accept Dogecoin for payment at its hotels through a partnership with BitPay.
The Kessler Collection owns the Beaver Creek Lodge, Casa Monica Resort & Spa, Elliot Park Hotel, Grand Bohemian Hotel Asheville, Grand Bohemian Hotel Charlotte, Grand Bohemian Greenville (coming in November 2021), Mansion on Forsyth Park, and JW Marriott Savannah Plant Riverside District.
Adult entertainment website PornHub takes Dogecoin for payment, along with Bitcoin, Ethereum, Monero and Zcash, and other cryptocurrencies . The decision to accept the currencies came after Mastercard and Visa banned payments to the adult entertainment site, alleging that it published child abuse and rape content, according to The New York Times.
Other companies accepting Dogecoin for payment, according to Dogecoins.com, include: