January turned out to be a crazy month for the crypto-verse. Dogecoin [DOGE] was one coin that made immense news throughout the month. As the OG meme coin continues to grow, Billy Markus the co-founder of DOGE shared a piece of advice that would benefit both, the community and the coin.
Dogecoin had a good run this month. The meme coin managed to bag a spot on Elon Musk’s Tesla. Following this, Musk went on to pitch the coin to McDonald’s as a payment method. However, the fast-food chain disappointed the community. This wasn’t all, McDonald’s counterparts decided to step up their game and hinted at accepting the meme coin.
READ ALSO: Will Taco Bell Accept DogeCoin as a Payment Option?
The DOGE community came together and began pitching DOGE to these fast-food chains. Further elaborating on ways to pitch DOGE to a company, Markus urged the community not to be too pushy. He wanted the “Dogefam” to rather be cool.
The Dogecoin co-founder tweeted,
Despite starting as a mere joke, Dogecoin has gone places. The popularity of the meme coin is much higher than that of altcoins that entail significant value. GenZ’s increased interest in the meme coin certainly put it on a pedestal. With TikTok flooded with DOGE videos, the altcoin amassed a huge following.
READ ALSO: Dogecoin Price Prediction: Bitcoin worries to pile more pressure on DOGE
Regardless of its triumphs, certain people believe that big corps use DOGE for engagement. Besides, a few companies haven’t even acknowledged the existence of the meme coin. Addressing the same, Markus said,
“that’s fine, it’s gonna be pretty difficult for massive worldwide companies to accept doge in a short amount of time, but instead of looking at it negatively and acting entitled about it, take engagement as a win and keep head held high and continue to have a good attitude.”
Dogecoin prolongs its residence in the slump
As mentioned above, Dogecoin was under the crypto spotlight this month. Yet, the altcoin was undergoing a bit of a price rut. DOGE, at press time, was trading for $0.1403 with a 1.34% drop over the last 24-hours.
The meme coin managed to bag an array of deals/listings/partnerships these last few years. This gave the altcoin’s market cap a big boost pushing its ranking to 10. However, with regards to its price, DOGE failed to touch the $1 mark.