Major Web3 Domain Provider Now Accepts Dogecoin (DOGE) As Payment Option

One of the largest Web3 domain providers in the world is now accepting the popular meme asset Dogecoin (DOGE) as an option for payments.

In a new announcement, major Web3 domain provider Unstoppable Domains says that it will now be adding DOGE to its list of digital assets that are now accepted as payment options.

“Who left the DOGE out? We did!

You can now buy Unstoppable domains using Dogecoin.

Much ownership. Very currency. Such excite.”

Source: Unstoppable Domains/Twitter

Other popular crypto assets accepted by the domain providers include stablecoins USD Coin (USDC) and DAI, peer-to-peer decentralized networks Bitcoin (BTC) and LItecoin (LTC), Bitcoin hard fork Bitcoin Cash (BCH), and smart contract platforms Ethereum (ETH) and Polygon (MATIC), as well as Wrapped Ethereum (wETH).

Recently, it was found that Dogecoin is outperforming the rest of the crypto market in terms of how many of its holders are currently above water.

According to the crypto analytics platform IntoTheBlock, at least 40% of DOGE holders have consistently remained in the green. Furthermore, it found that the last time 60% of the token’s holders were underwater was back in 2015.

“Hold onto your seats DOGEArmy! [Did you know] that DOGE holders in profit rarely drop below 40%? In fact, the last time Dogecoin saw over 60% of holders at a loss was in 2015. Impressive, given other altcoins often suffer 90%+ losses in bear markets.”

Generated Image: DALLE-2

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