Even though Shiba Inu [SHIB] ticked off the crypto meme coin wave, Dogecoin [DOGE] was the brainchild of meme cryptocurrencies. DOGE, the OG meme crypto has been in the crypto-verse for nearly a decade now. Despite struggling to bag gains concerning its price, DOGE has managed to attain a prominent global reach. A recent update was proof of the same.
The inclusion of Dogecoin as well as Shiba Inu into crypto payments processor BitPay has proved to be extremely beneficial for both these coins. The dainty value of these assets did not disrupt the chances of them being accepted worldwide. Thanks to BitPay, DOGE will now be accepted for payments at this Vancouver-based meat firm.
Meatme.CA announced that it had jumped onto the crypto bandwagon. Dogecoin was accompanied by other assets like Bitcoin [BTC], Ethereum [ETH], Litecoin [LTC], as well as stablecoins like GUSD and USDC.
Crypto lovers can now go to the Vancouver-based meat firm’s website and order an array of meat products from local farmers. During checkout, consumers can pay in Dogecoin and other desired cryptocurrencies.
BitPay extended support for Shiba Inu back in 2021. However, Meatme.CA did not mention the inclusion of the meme coin. This further led to the Shib Army seeking the addition of the Doge-inspired coin.
Dogecoin follows the market’s direction and slumps
While the adoption rate of Dogecoin is on the rise, the price was doing the opposite. The entire market was painted red. The bulls seemed to have stayed for a brief period in the crypto market. As a result, Bitcoin dropped down to $45k. This further forced all the others to follow suit.
Dogecoin, during press time, was trading for $0.1367 with a 5.78 percent drop over the last 24-hours.
Additionally, the weekly social engagement, as well as dominance, also dropped by over 20 percent.
