DOGE Rises 14% As BTC ATM Operator Added The Coin To Its Kiosks

DOGE rises 14% as BTC ATM operator added the coin to its kiosks which led to the meme coin making some double-digit gains as we are reading more in our latest Dogecoin news.

DOGE increased by double digits amid the news that the Bitcoin of America added the coin to its crypto ATMs. The wider market is enjoying a bullish recovery but a few assets increased as much as DOGE did. According to the data, DOGE rises 14% over the past day and hit a high of $0.14 per coin. Over the past week, the crypto increased 20% to a current price of $0.139 but the coin is still more than 80% down from its ATH of $0.73 that was set in May 2021. the main driver behind the latest price surge is the news that Bitcoin of America which is a crypto ATM operator added DOGE to its list of available assets. The kiosk will allow users to buy and sell BTC, ETH, LTC, and now DOGE.

Crypto ATMs operate much like the traditional cash points except the users can swap cash for crypto and vice versa for a fee. The fees are often much more expensive comapred to crypto exchanges, ranging from 6% to 20%. Coin ATM radar puts the average buy fee at ATMs in the US at 11%. According to Coin ATM finder, there is currently 1,814 Bitcoin of American-branded kiosks in the US.

Dogecoin’s bullish price action seems to have been mirrored by the rival meme coin Shiba Inu which is another popular dog-themed meme coin and cryptocurrency. SHIB is now up b 5% but just at SHIB is now up b 5% but just at $0..
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000024 per coin, the token is closer to zero than to a penny. Shiba Inu still made headlines after the headline reached an ATH of $0.000088 and made at least one of the community’s larger holders a millionaire.

The government recieved donations in DOGE and DOT and a week after the war began in Ukraine, it recieved over $50 million in crypto donations. The Deputy Minister of the Ministry of Digital Transformation Alex Bornyakov revealed how the Ukrainian government spent the donations:

“Crypto assets proved extremely helpful in facilitation of funding flows to the Armed Forces of Ukraine. Huge thanks to everyone who donated to the Crypto Fund of Ukraine.”

According to his tweet, the donations spent on over 5000 bulletproof vests, 400,000 packed lunches as well as 500 helmets and other military resources:

“Each and every helmet and vest bought via crypto donations is currently saving soldiers’ lives.”