The citizens of the United States of America can now buy DOGE coins from the ATM across 45 states of the country that will support the cryptocurrency.
The popular meme crypto DOGE (Dogecoin) has recently been made accessible in over 1,800 ATMs in 45 states of the US. Coinflip is one of the leading ATM providers of Bitcoin. On 1st March 2021, they made a public announcement of extending their support to Dogecoin.
ATM Accessibility Of DOGE
Daniel Polotsky is the co-founder and CEO of Coinflip and he made the move of supporting Dogecoin owing to the reason the meme coin has recently gained massive popularity along with sudden mass adoption.
On the 4th of February 2021, the price of DOGE suddenly spiked by a whopping 25% after a few minutes of the tweet made by the founder of SpaceX and Tesla, Elon Musk. Soon after the crypto skyrocketed and has not looked back since then.
After 2 days, Elon Musk, the 2nd richest man on the planet continuously showed interest in Dogecoin publicly on Twitter. He even conducted a survey where he inquired whether Dogecoin can possibly become the future currency of the world. As a result, almost 2.4 million people responded to his survey answering ‘yes’ DOGE can become a currency in the future.
The price of Dogecoin increased by 200% to $0.09 from a mere $0.03 in the first 2 Feb. weeks. From that time the crypto maintained a price of $0.05. Many users have speculated that this upwards rise of Dogecoin price is not totally organic.
Coinflip installed 1,800 ATMs in 45 US states since 2020 January. Apart from Dogecoin, the ATMs will support ETH, BTC, BNB, LTC, DASH, USDC, XLM, and LINK.