Online retailer Newegg begins accepting Dogecoin as payment

Neegg Website

If there’s one company that would have done it, it’s Newegg. The online computer hardware and consumer electronics retailer, founded in 2001, has always had a close connection with the tech community.

And now they’re taking it a step further.

The company has announced that it is now accepting Dogecoin as a method of payment, and customers will be able to complete transactions using these digital coins held in their BitPay wallet. This makes it one of the first retailers to accept Dogecoin as payment.

Newegg Logo

As noted in the press release:

“Newegg has been quick to embrace the shift to cryptocurrency. In 2014, the company was the first major e-retailer to accept Bitcoin for purchases made on the Newegg platform. Similarly, Newegg is among the first to enable customers to pay with Dogecoin while shopping online.”

Furthermore, the North American retail giant has made sure that this announcement coincides with Doge Day today, which is 4/20, of course.

Proponents of this popular meme-based cryptocurrency are hoping to get the value of the coin to hit $1. And they are a third of the way there, with Dogecoin sitting at $0.35 at press time, compared to $0.09 just a week ago.

Year to date, Dogecoin has gained more than $8,500%.

And with some solid adoption like this, and folks putting in the good word, there is no limit on how high this fun little cryptocurrency could go.


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