Newegg Enables Purchase of PC Parts with Dogecoin, a Meme Cryptocurrency

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Newegg Enables Purchase of PC Parts with Dogecoin, a Meme Cryptocurrency

Today, Dogecoin holders rally for the beginning of DogeDay. The green candle is sure to cover the cryptocurrency stock charts on this day, and what perfect timing for tech giant Newegg to announce its ability to pay in Dogecoin.

Newegg was one of the first companies to actually begin accepting bitcoin, and its conversion to Dogecoin is no surprise - since the beginning of April, Dogecoin's stock price has soared from almost $0.06 to $0.4. This is an increase of more than 640% in one month.

Dogecoin's rise is largely due to the intervention of Mr. Elon Musk. Every time Mr. Elon Musk tweets something related to this puppy, the candlestick on the green stock chart skyrockets. Frankly, all he has to do is sneeze and Dogecoin's value goes up.

Andrew Choi, senior brand manager at Newegg, outlined the company's stance in a press release (via WCCFTech). He notes that "the excitement and momentum around cryptocurrencies is undeniable, and the recent surge in Dogecoin's value underscores the need to make it easier for customers to buy in this popular cryptocurrency."

"We are committed to making shopping the best way for our customers. To that end, we are pleased to offer Dogecoin fans an easy way to do their technology shopping online."

Cryptocurrencies continue to fuel the market despite companies like Nvidia trying to drive miners out of our precious gaming GPUs. Such an announcement would give mining companies an excuse to buy up GPUs before the 30 series gets a refresh that may limit hash rates. And with more and more companies buying these, we will have no choice but to accept that this is the state of things in 2021.

More companies will accept the success of the cryptocurrency market in the future. But that does not mean that they will be more likely to get GPUs in the current stock crisis. Seriously, guys, save some for us.

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