From meme coins like Dogecoin to the OG cryptocurrency Bitcoin, the crypto-verse is home to thousands of coins. Individuals that have embraced Bitcoin have moved on to several other assets. DOGE is a popular option among them. Adhering to the needs of the community, firms from across the globe have been including DOGE into their system. In a similar attempt, Bitcoin of America [BTM] ATM decided to onboard the meme coin.
Just yesterday, BTM took to Twitter and gave out a hint to the community about Dogecoin. Earlier today, the firm affirmed the inclusion of Dogecoin.
Back in 2021, BTM welcomed Ethereum [ETH]. After paying heed to the surging popularity of Dogecoin, BTM decided to include the meme coin as well.
At present, there are over 1800 Bitcoin ATMs across the US. Across 31 states the firm allows users to merely check their website to locate the nearest ATM.
Buying Dogecoin has been made easier with these ATMs. Users can dispense cash from a debit card or buy crypto with cash and even sell their crypto for cash.
These ATMs are found across several stores and any store owner can easily set up the ATM. Store owners can even garner extra income via these ATMs.
“Bitcoin of America takes care of their host locations by providing them with passive income, increased foot traffic, and marketing. They even handle customer support and any maintenance/installation services.”
Did this news release bulls into the Dogecoin market? Not really
Following this news, Dogecoin witnessed a significant uptrend. The meme coin soared by nearly 14 percent over the last 24-hours.
Additionally, the community has time and again complained about DOGE’s stagnant price. But investors seemed to have pocketed massive gains over the last few hours. During press time, the meme coin was trading for $0.1386. But it was highly unlikely that the above news had any influence on the price of the asset.
While the reason behind this abrupt surge is unknown, the co-founder of the crypto, Billy Markus believes that it was rich holders meddling with the asset. He further tweeted,