MLB team welcomes DOGE in exchange for tickets

Major League Baseball (MLB) team Oakland Athletics is officially offering pairs of plaza infield tickets for 100 Dogecoin.

The tickets, which went on sale on May 3 and will be available through May 6, usually sell for as much as $80, but given Dogecoin’s current price fans can get a 45% discount.

The MLB endorsement should give Dogecoin a boost in the eyes of the public, demonstrating it is a viable alternative payment option, something comedian Bill Maher is skeptical about.

All payments are processed through Bitpay, a trusted crypto platform that protects both business and consumers. The Oakland Athletics support of Doge provides further momentum for the cryptocurrency that may have started as a joke, but is gaining traction as a legitimate cryptocurrency.

The token enjoys endorsement from Tesla CEO Elon Musk and Dallas Mavericks owner Mark Cuban. Dogecoin’s market cap hit $57bn, surpassing that of companies such as Twitch and Ford Motors.

Dogecoin is far from settled, but the token has seen an 8,000% increase this year, so things are looking up for the “meme currency”. Doge is also very popular at online casinos such as FortuneJack, Cloudbet and 1xBit.

Source

Updated: 04.05.2021 — 12:00