Dogecoin was the first memecoin to launch in the crypto space. Known initially as a joke cryptocurrency, it has gone beyond such description, becoming useful in many ways. This has been facilitated mostly by Twitter (X) owner Elon Musk.
Musk contributed immensely towards making Dogecoin popular, and towards making it a rewarding investment asset. Many investors became millionaires investing in Dogecoin in 2021’s rally when it went up over 1000%.
Even before then, some businesses were already accepting the dog-inspired cryptocurrency as payment for goods and services. The number of businesses accepting the coin has increased significantly with many more accepting it in many countries.
The following are some of the major companies that accept the memecoin as payment for their goods or services.
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Dogecoin made its way into the entertainment industry early with AMC Theatres. It is a movie theater owned by AMC Entertainment Holdings, Inc., a movie theater company with headquarters in Kansas City.
After reviving as a “meme stock” company in 2021, AMC started accepting Dogecoin payment in 2022, in addition to Bitcoin, Shiba Inu, Bitcoin Cash, Litecoin, and Ethereum. This graduated from accepting crypto payments only for digital gift cards.
It is interesting to note that AMC has also launched NFTs connection with the movie Spider-Man: No Way Home, Jurassic World, Lightyear, and Bullet Train among other movies.
Electric car company Tesla is owned by Musk, so it shouldn’t be a surprise that the company accepts Dogecoin payments. Indeed, it has a long-standing relationship with Dogecoin, since its owner is a fan and a great supporter of Dogecoin.
Musk announced in 2022 that Tesla would start accepting Dogecoin payments for some of its merchandise on its online store. The question many are asking is when the company will accept Dogecoin payment for actual Tesla cars.
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Looking to book your next vacation flight using Dogecoin? You’re on the right track and Airbaltic is right there with you. Founded in 1995, it is the flagship Latvian airline, and one of the biggest in the whole of Europe.
The company became the first airline to accept bitcoin as payment in 2014. The crypto payment later extended to include Dogecoin, Ethereum, as well as stablecoins like Gemini Dollar, Binance USD, and Pax Dollar.
You can book with AirBaltic and fly to over 70 destinations, including Lithuania, Estonia, and Latvia. It also flies to top cities in the Middle East and western Europe. When booking for your flight, select “BitPay” as your preferred payment option if you’re booking for a “Green ticket” and you can pay with Dogecoin.
Microsoft is a household name for those who know anything about computers, and yes, it accepts Dogecoin payments. The company started accepting Bitcoin as a new payment method in 2014, allowing customers to pay for software for Windows Phones, Xbox, and other products using Bitcoin.
The support gradually grew to include Dogecoin, also facilitated by BitPay. Microsoft has recently ventured more into the blockchain industry with the launch of Microsoft Azure, a managed cloud service that streamlines the creation, deployment, and expansion of blockchain applications
Crypto Emporium is a crypto-only online retailer. You can use a wide range of cryptocurrencies to shop in this store, including Dogecoin. Products you can use Dogecoin to buy include audio equipment, computers, home cinema goods, cameras, cell phones, eReaders, tablets, gaming consoles, and accessories.
You can also use the memecoin to pay for crypto mining equipment like mining rigs, accessories, power supplies, and USB, GPU, and ASIC miners. Notably, you can also use Dogecoin to buy properties in the U.S., Europe, Asia, Africa, and the Middle, including commercial real estate, land, apartments, houses, islands, and yachts.
Dogecoin has come a long way, even though it was initially thought to have no use case. With adoptions such as this, the memecoin has a brighter future awaiting it in the crypto space, especially with Elon Musk’s continuing support.
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