NEW!Incredible offer for our exclusive subscribers! Read More
Altcoins

Guaranty Escrow to Accept Dogecoin Payment For Real Estate Purchases

1 Mins read

Guaranty Escrow, a real estate service provider that accepts crypto payments has added Dogecoin to its payment list allowing customers to buy their next house by paying in meme currency. The real estate service provider claims to be a pioneer of crypto payments in the real estate business accepts Bitcoin, Ethereum, and now Dogecoin along with several stablecoins as well. They facilitate all the crypto transactions via BitPay.

cryptonews.net

Buy your next house with #doge. It’s now possible thanks to @guarantyescrow who now accepts #crypto via #BitPay. Read more: https://t.co/z8J8CQ1hgB @mcuban @elonmusk pic.twitter.com/bcMz5WI2NY

— BitPay (@BitPay) May 14, 2021

Dogecoin has risen from being an internet meme currency to become the fourth-largest cryptocurrency by market cap after achieving a new ATH of $0.73. The unprecedented rise has been aided by the TikTok frenzy and heavy shilling by Elon Musk. Musk has recently even talked about working with Doge devs to make the meme currency a more efficient form of money, following which the digital asset rose nearly 30% after falling to monthly lows of $0.39 post-Vitalik Buterin led selling spree yesterday.

Doge Brings in the Meme Frenzy This Bull Season

Crypto space has an established trend when it comes to price rise momentum, where altcoins of a similar kind have risen together and Dogecoin’s rise was no different, or maybe a little different. The mammoth rise of Doge from $0.04 levels last month to new ATH triggered a meme coin bull run-fest where many new meme currencies hit the market in a matter of weeks and saw their price surge by 10X to 15X in the matter of days post listing. Shiba Inu is one such example that managed to break into top-20 within days of listing thanks to the meme frenzy.

The only problem with the rise of meme currencies is that there is no inherent use case of these assets since it was created as a joke in the first place. The Dogecoin, for example, has an infinite supply and no use case, and despite being community-driven and comparatively decentralized had only one reason to rise up until now i.e Elon Musk continuously tweeting about.

Related posts
AltcoinsBTCCryptoETHMiningOtherStock

Bitcentr launched the largest aid campaign!

1 Mins read
Ukraine is at war, war for our freedom but also for European freedom and democracy. People of Ukraine are in a big…
AltcoinsBTCCryptoETH

Beecrypt with Bitfinex will start a trading giveaway for Telegram users

1 Mins read
In this paragraph, Bitfinex with Friends of beecrypt.net are starting with Top crypto giveaway. After that From 0.001 tо 0.25 bitcоin and…
AltcoinsBTCCryptoETH

Beecrypt with Bitfinex will start a trading giveaway for Telegram users

1 Mins read
In this paragraph, Bitfinex with Friends of beecrypt.net are starting with Top crypto giveaway. After that From 0.001 tо 0.25 bitcоin and…
Power your team with InHype

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *