Popular PC-focused e-retailer Newegg is celebrating #DogeDay by announcing that it is now accepting the cryptocurrency Dogecoin as an official payment method.
In 2014, Newegg was the first major e-retailer to accept Bitcoin for purchases on its platform, and it has now become one of the first to allow Dogecoin to be used by customers when shopping online.
If you wish to purchase something on Newegg.com with Dogecoin, all you have to do is click “Edit” in the payment section on the checkout page and select BitPay. This will allow you to complete your transaction using Dogecoin held in your digital wallet.
“The excitement and momentum around cryptocurrency are undeniable, and the recent surge in Dogecoin value underscores the need to make it easier for customers to make purchases with this popular cryptocurrency,” said Andrew Choi, Sr. Brand Manager of Newegg. “We’re committed to making it easy for our customers to shop however works best for them, and that means letting them complete transactions with the payment method that suits them best. To that end, we’re happy to give Dogecoin fans an easy way to shop online for tech.”
Dogecoin was initially released in 2013 and features the face of the Shiba Inu dog from the “Doge” meme for its logo. Dogecoin has seen an 8,000% price surge this year and is currently the fifth-largest cryptocurrency.
While it may have started off as a bit of a joke, it now has a market capitalization above $50 million, as reported by Reuters. This impressive performance has been helped along by many on the internet, including Elon Musk, who want to see its value skyrocket and send “Dogecoin to the moon.”
Fans have also been using the hashtags #DogeDay and #DogeDay420 in attempt to make April 20 the informal Dogecoin day, which is very much inline with Dogecoin’s satirical beginnings.
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