Foreign media: 1,800 Bitcoin ATMs in 45 states in the United States now support deposits and withdrawals of Dogecoin

Foreign media: 1,800 Bitcoin ATMs in 45 states in the United States now support deposits and withdrawals of Dogecoin

March 2 news, according to foreign media reports, Bitcoin ATM provider Coinflip announced support for Dogecoin on March 1. The famous meme cryptocurrency Dogecoin (DOGE) can now be deposited and withdrawn through 1,800 ATMs across the United States.

Coinflip CEO and co-founder Daniel Polotsky attributed the move to Dogecoin’s “recent popularity and mass adoption.”

Recently, Dogecoin has soared under the promotion of celebrities such as Musk. On February 4, Musk posted a photo of a rocket landing on the moon and added the word "Doge" in the comment, and the price of the cryptocurrency rose by 25% in a few minutes. Two days later, he also released a survey asking whether Dogecoin would become the currency of the future world-71.3% of the 2.4 million respondents said it would.

The cryptocurrency surged 40% in 24 hours after Kiss frontman Gene Simmons told Twitter users he would buy it a few days ago. In the first two weeks of February, the cryptocurrency's price rose from $0.03 to nearly $0.09, a nearly 200% increase. Since then, it has been slowly consolidating around $0.05.

In addition, the demand for Coinflip ATMs has also been growing. Since January 2020, the company's ATM number has increased from 441 to approximately 1,800, and revenue has more than tripled year-on-year. Coinflip ATMs are now available in 45 of the 50 states in the United States. The company's ATMs also support other cryptocurrencies such as Bitcoin ( BTC ), Ethereum ( ETH ), Binance Coin (BNB), Dash (DASH), Litecoin ( LTC ), etc. Perhaps, from another perspective, this also reflects the prosperity of cryptocurrencies.

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