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Sunday, July 25, 2021

Dogecoin Price Prediction: Rise in price as it started selling in ATMs throughout the United States

Crypto ATM operator Coinflip announced support for Dogecoin on Twitter. From March 1, at 1.8 thousand Coinflip ATMs in 45 US states, you can buy a digital coin, which is actively promoted by Elon Musk. RBC writes about it.

CEO Daniel Polotsky explained the support for the meme coin by the fact that it has recently attracted the attention of many celebrities, including Snoop Dogg, Gene Simmons and Kevin Jonas.

“CoinFlip’s mission has always been to ensure that residents of states with no financial institutions have access to banking services. We strive to make cryptocurrency available to everyone who is interested in investing, even in rural American cities, ”Polotsky told Cision PR Newswire.

Recently, Coinflip reported a 359% increase in revenue in 2020. The company notes a growing interest in cryptocurrencies. Over the past year, the operator has increased the network from 441 cryptomats to 1.4 thousand.

Recall

In January 2021, Dogecoin showed an increase of 1115% in just three days. On January 27, it traded at $ 0.007, and on the 29th set an all-time high of $ 0.087.

Dogecoin is Elon Musk’s favorite cryptocurrency. It was about her that the head of Tesla and SpaceX wrote a post on his Twitter account, calling her his favorite, and jokingly announced himself as the former CEO of the project. Against this background, the quotes of the asset reached a maximum since July 2020.

Altcoin Dogecoin was created in 2014 for a joke. Its symbol is the “Doge” meme – a photograph of a Shiba Inu dog. The project is ranked 43rd in the list of the largest cryptocurrencies in terms of capitalization with an indicator of $ 646.6 million.

This is not the first time the billionaire has written about the Dogecoin cryptocurrency. For example, on July 20, when one of Musk’s subscribers remembered the hacking of his account and asked when he would be returned the due bitcoins, the head of SpaceX jokingly replied that he was selling only Doge. After that, Musk wrote that the Dogecoin standard would inevitably be installed over the global financial system. This led to an increase in the rate of the cryptocurrency, which rose by 20% within an hour.

 

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