Dogecoin has been gearing up for a bullish breakout

 AMC Theatres recently announced that the theatre chain would start accepting Bitcoin, Ethereum, Litecoin, and Bitcoin Cash by the end of 2021.

Dogecoin recently garnered attention from athletes and traders on crypto Twitter as a favorite among meme coins. Football clubs and athletes have embraced cryptocurrency.

Paul Pierce, a former American basketball player, shared his purchase of Dogecoin in March 2021, with 4 million fans and followers on crypto Twitter.

Dogecoin has been gearing up for a bullish breakout

When Robinhood, a popular commission-free exchange, asked followers to suggest which cryptocurrency wallet to add, Dogecoin was a top choice.

Earlier today Adam Aron, CEO of AMC, an American movie theatre chain headquartered in Kansas, asked 171,100 Twitter followers if AMC should explore adding Dogecoin as an online payment option.

Nearly 70% of respondents favored adding the meme coin to the list of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash that AMC has considered adding before the end of 2021. 

David Gokhshtein, CEO of PAC protocol and Gokhshtein Media, responded in the affirmative, asking Aron to let people use Dogecoin.

Analysts anticipate a bullish breakout in DOGE, following Shiba Inu's upward climb and the high correlation between the two meme coins. 

Pseudonymous cryptocurrency trader and analyst @Pentosh1 expects a rally in DOGE.

The analyst has admitted that he did not own DOGE when he shared a bullish outlook for the altcoin's price. With rising utility in the cryptocurrency ecosystem and sports, DOGE is poised to breakout in the long run.

SafeMoon price aims for a minor upswing

The Polygon network adoption expands

Post a Comment

0 Comments