Tech giant Newegg announced the possibility for users to pay with Dogecoin.
Newegg was actually one of the first companies to start accepting Bitcoin, and the turn toward Dogecoin is no surprise—since the start of April, Dogecoin share prices have shot up from almost $0.06 to $0.4, that's over a 640 percent increase in a single month.
This currency has many fans, a large group on Reddit, and Billionaire Elon Musk, who, with his tweets about this cryptocurrency, increases its value.
Sr. Brand Manager of Newegg, Andrew Choi, outlines the company's stance in a press release (via WCCFTech). He notes that “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.
“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.”