dog coin (DOGE) Could Reach Record Price Of $1 In “Less Than 24 Hours”, If Meme Crypto Is Backed Amazon.com Inc., amzn founder Jeff Bezos, a burgeoning YouTuber claimed in April 2021.
What happened: Crypto-Analyst YouTube Channel ‘Self Made’ told the Daily Express Bezos’ approval of Dogecoin could propel the cryptocurrency to unimaginable heights in the long run.
“There is speculation that Jeff Bezos could enter the scene as a second lead. Adoption from someone like Bezos could set Dogecoin at $1 in less than 24 hours,” YouTuber the Daily Express quoted was quoted as saying.
The financial expert said the endorsement by Bezos shows Dogecoin being backed by two of the world’s richest people is something “only seen once in a lifetime”.
Tesla CEO Elon Musk Tweets frequently about Dogecoin and these tweets sometimes include a extreme effect Joke at the expense of cryptocurrency.
See also: Dogecoin Co-Creator Criticizes Meme Coin Marketing – Shiba Inu, Floki Follow Similar Tactics
why it matters: More companies started accepting Dogecoin as a payment optionsWhen the YouTuber commented in 2021. Despite being under pressure to reconsider its stance, Amazon has shied away from using cryptocurrencies as a payment option.
Petitions posted on Change.org are demanding Amazon accept Dogecoin for payment. a petition There are now 240,877 signatures in April 2023, compared to 162,600 two years ago.
it was informed of In February 2021, Amazon was preparing to launch a “digital currency” project based in Mexico, based on a company job listing.
Dogecoin was trading around $0.437 at the time, fueled by social media buzz around the cryptocurrency emerging as darling of retail investors,
Dogecoin fans on social media were aiming for the joke cryptocurrency to hit 69 cents on April 20, 2021, “Doge Day”. Conceived by Doge Sena.
Read further: Can Dogecoin Reach $1 Trillion Market Cap? Wall Street Wet Meme Coin Finally Traded Above $7
this was the story originally published In April 2021.