Dogccoin, the meme coin’s miners have made millions for generating new coins, according to the data from Coinmetrics, a crypto intelligence platform.
The data shows that from May 23 and June 23, dogecoin miners have gotten $6 million daily and a 30-day average of $259 33 million from January 1st to June 3.
This is as a result of the 9,400% uprise due to the support from Tesla owner, Elon Musk. Dogecoin had also recorded 1,321 wallets having at least Simillion.
Popular memecoin Dogecoin, will be supported on Coinbase pro crypto exchange. Coinbase announced that deposits for DOGE account begins ist June and trading will go live on June 3 as long as liquidity specifications were met.
Coinbase executives had indicated initially that the U.S based exchange would add support for dogecoin.
This rallied the price of DOGE massively after the announcement.
In a recent tweet, the Billionaire and Shark Tank cohost Mark Cuban admitted owning 3,250 Dogecoins he bought with his son.
He believes Dogecoin is better than lottery tickets and also earns dogecoin from tickets to Mavericks.
Mavericks(NBA team owned by Cuban) added dogecoin as a form of payment.
He believes the asset will turn into a valid payment option as the coin’s utility continues to grow.
Urban Tea is reported to have started accepting Dogecoin, Ethereum, and Bitcoin as payments option in all of its Chinese stores.
American restaurants in New York uses the same cryptocurrencies for payment methods.
Urban Tea CEO, Xianlong Wu says it’s his plan to make digital currencies part of the lives of its customers.
This is huge for the crypto space as China is the biggest Tea Producers in the world.
The American Cancer Society (ACS) shared in a tweet recently that it now accepts Dogecoin donations.
ACS shared that the cryptocurrency donation will help hedge against the funding challenges caused by the COVID-19 pandemic.
The pandemic decreased its ability to fund research by 50% and also limited its project milestone achievement.
Hopefully, a DOGE price increase will help it meet its goal. It plans to raise $1 million.