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DOGE Is Supported At 1800 ATMs Across The United States: Report

Stefan by Stefan
02/03/2021
in Dogecoin News
Reading Time: 2 mins read
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Dogecoin Retraces On, charts, rsi, price, dogecoin
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DOGE is supported at 1800 ATMs across the United States as of late so now the citizens are able to buy the coin in 45 states of the 50 states total in the US so let’s read more in our latest Dogecoin news.

Famous meme crypto DOGE is supported at 1800 ATMs across the United States. The leading Bitcoin ATM provider CoinFlip announced the support for the coin on March 1 with the CEO of the company Daniel Polotsky attributing the move to the recent popularity of the coin and the mass adoption. On February 4, the cryptocurrency increased 25% within minutes after SpaceX Founder Elon Musk posted a rocket that goes to the moon and writing DOGE in the comments.

number of crypto ATMs, usa,

Two days later, the world’s second-richest man continued writing about DOGE and posted a survey asking whether DOGE is the future coin of the world to which 71.3% of the 2.4 million Twitter followers said yes.
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Also, Dallas Mavericks owner Mark Cuban joined the comments and told Forbes that eh attention this meme coin is getting “is not a bad look” for the industry:

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 “[DOGE] gives you a better chance of winning than a lottery ticket all while teaching the economics of supply and demand and introducing people to crypto asserts. I truly love it as the lowest cost economics teaching tool available that entertains at the same time.”

Within the first two weeks of February, the cryptocurrency’s price increased by 200% from $0.03 to shy of $0.09 and since then, it has consolidated near $0.05. Some users speculated that Dogecoin’s price surge was not organic with an 85% price pump happening from the Reddit group WallStreetBets after the GameStop saga calmed down. A few days later, Kiss frontman Gene Simmons said that he will buy the crypto among others and resulted in an additional 40% surge in a 24-hour period.

doge's trading volume, dogecoin, price, bitcoin, btc

Coinflip saw astronomical growths in demand over the past 12 months with the revenue increasing by three times on a year-to-date frame as well as the ATM number increasing from 441 to 1800 since January 2020. CoinFlip ATMs are now installed and available in 45 states in the US. The ATMs support BTC, BNB, ETH, DASH, LTC, LINK, XLM, USDC.

As reported recently, Tesla’s CEO Elon Musk urges the large DOGE holders to sell a huge chunk of their DOGE stash to ease up the distribution of the altcoin according to a tweet.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: atmdogedoge atmdoge is supporteddoge priceDogecoinunited states
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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