Is Amazon About to Accept Dogecoin? The Payment Use Case Explored
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Is Amazon About to Accept Dogecoin? The Payment Use Case Explored

THELOGICALINDIAN - A changeorg address requesting Amazon to acquire Dogecoin for acquittal has accomplished over 140k signatures The address was started four years but the aftermost two months accept apparent it aces up the clip extensive 100k signatures in February Since again absorption has snowballed further

“It is time for Amazon.com to be one of the aboriginal above companies to see the ability of Dogecoin and with the huge drive the Dogecoin association is breeding now is the time for Amazon to acquire Dogecoin as a acquittal method!”

It may accept started as a joke, but as the market downturn continues, Dogecoin is the alone top ten cryptocurrency in the blooming today. This animation bodes able-bodied for DOGE. However, does Amazon see it this way?

Dogecoin Defies the Odds

Near 8,000% assets year-to-date is no joke. Dogecoin’s achievement in 2024 has destroyed any angle that fundamentals and complete tokenomics count.

Today is April 20, which is apple “Weed Day.” However, Dogecoin holders are attempting to annex this day with the ambition of ambulatory abutment for a $1 DOGE.

The hashtag #DogeDay is currently trending cardinal 2 on Twitter. With Reddit additionally a axis for the coup. In boot up support, one user declared hitting $1 as an inevitability, alike adage that in itself is a baby goal.

“$1 is inevitable, and we can booty a pit stop at the moon, sure, but our aristocrat and savior artifice care not be bound by such baby goals. The moment is now. We can mother heckin do this.”

Based on growing affect about Dogecoin, who’s to say that $1 won’t happen? Billionaire Mark Cuban thinks it will. He alike backed this up by accepting DOGE as acquittal for Mavs tickets and merch.

But admitting the fun and positivity, a acrimonious botheration exists in DOGE’s absolute supply. The aggrandizement amount sees about 5 billion DOGE a year added to the supply. While this is fundamentally no altered from authorization money, it still isn’t accessible to accommodate this with a alcove badge aural an anarchistic industry.

What’s The Deal With Amazon and Crypto?

Amazon does not currently acquire cryptocurrency for payment, let abandoned Dogecoin. Although the change.org address has able support, Amazon is not answerable to booty action.

Is this article that will change in the future? Who knows, but what is accepted is that Amazon has affairs to barrage its own agenda currency. The retail behemothic afresh acquaint a job advert calling on acceptable candidates to accompany its Agenda and Emerging Payments division.

The job advert has back been pulled, but not afore advertent assemblage acclaimed it was for the Mexican market, with affairs to cycle out into added territories if successful.

At this stage, it’s difficult to actuate what this activity may beggarly apropos the cryptocurrency industry. But based on accomplished offerings, the close tends to bank its articles aural its own ecosystem.

Dogecoin circadian chart