Dogecoin has now entered Bitcoin of America ATMs. The popular BTM operator has announced Dogecoin as the newest addition to Bitcoin ATM machines (BTMs).
In a recent statement, the largest BTM operator stated that it added Dogecoin after noticing its growing popularity. With this development, Dogecoin joins top cryptocurrencies like Bitcoin, Ethereum and Litecoin.
In October 2021, Bitcoin of America added the second largest cryptocurrency, Ethereum. Bitcoin of America also offers Bitcoin and Litecoin options online and at BTM locations.
This news bodes well for Dogecoin adoption, as Bitcoin of America has over 1,800 BTMs.
The price of Dogecoin, the largest meme coin, has increased by 14% in the last 24 hours, according to CoinMarketCap data. As seen on the Binance exchange, the cryptocurrency surged 19% weekly to hit an intraday high of $0.1389.
Due to the price increase, Dogecoin has overtaken the Binance USD (BUSD) stablecoin to become the 12th largest cryptocurrency by market cap.
Dogecoin creator Billy Markus or “Shibetoshi Nakamoto” praised the recent price increase, noting that Dogecoin has risen for some unknown reason.
In the last 24 hours, a number of positive news along with technical factors may have helped the Dogecoin price surge.
On March 23, Voyager, a commission-free cryptocurrency trading software, launched support for Dogecoin, which allows consumers to trade and receive DOGE.
All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.