Fun

Publicly-Listed Air Purifier Manufacturer Adds Dogecoin as a Form of Payment Amid Token’s Popularity

News Feed - 2021-02-03 05:02:46

Publicly-Listed Air Purifier Manufacturer Adds Dogecoin as a Form of Payment Amid Token"s Popularity


As the so-called ‘meme coin’ is actively making the headlines within the crypto sphere, a publicly-traded company is joining the dogecoin frenzy. Kronos Advanced Technology announced they’ll start accepting dogecoin as one of its payment methods. Kronos Also Accepts Other Cryptocurrencies Such as Bitcoin and Ether


According to the announcement, the Los Angeles-based firm is adding dogecoin (DOGE) to its accepted payment form. In fact, customers will be able to purchase air purifiers, and personal protective equipment (PPE) supplies via the meme coin.


Adopting dogecoin as a payment method was not as part as just of a crypto adoption-driven maneuver. The company praised the popularity of the token and its uniqueness within the industry.


Also, Kronos pointed out that dogecoins transactions’ speed is a positive note for the Shiba Inu inspired meme token. So far, the company accepts several cryptos as payment methods, such as bitcoin (BTC), ethereum (ETH), litecoin (LTC), among others.


Expanding N95 Mask Market Into the Dogecoin Community


Michael Rubinov, president of Kronos Advanced Technologies, commented on the company’s stance towards cryptocurrencies: In the last ten years, much has been said about how cryptocurrency will revolutionize payments, services, businesses and will change the world the way we know it. Cryptocurrency has changed e-commerce: as more and more people now shop online. Cryptocurrency gives customers more reasons to utilize the convenience of online shopping, as it mitigates the risk of fraud for both vendors and shoppers.


By adopting dogecoin as a form of payment, Kronos also expect to market N95 masks to the entire meme coin community on Reddit, which has grown over 670,000 members. The company also praised the fact that Tesla’s CEO Elon Musk endorses dogecoin as one of his favorite cryptocurrencies.


Despite the recent frenzy seen in the meme coin, the latest markets.Bitcoin.com data shows that dogecoin is exchanging hands at $0.0317, down -20.43% on Tuesday. The market capitalization still stands at $4.08 billion.


What do you think about this announcement made by Kronos? Let us know in the comments section below. Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform NEWS | 1 hour ago Michael Saylor Predicts Massive Investor Shift from Gold to Bitcoin After Buying Another $10M Worth of BTC NEWS | 8 hours ago Tags in this story Crypto Adoption, Doge Price, dogecoin, Dogecoin (DOGE), elon musk dogecoin, listed company, payment method, publicly listed company


Image Credits: Shutterstock, Pixabay, Wiki Commons Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and more. Start your trading here. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

News Feed

Derek Andersen2 hours agoCentral African Republic expands Sango project to land, resource tokenizationAsset tokenization has been in the works for a year. The ambitious project has also included investor citizenship and
Museum of Bitcoin Mining History Opens Its Doors in Venezuela
Museum of Bitcoin Mining History Opens Its Doors in Venezuela A new museum dedicated to the history of bitcoin mining opened its doors in Venezuela last weekend.
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle ha
RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies
RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could 
Prashant Jha9 hours agoCrypto exchange Bullish buys 100% stake in crypto media site CoinDesk: ReportCoinDesk was owned by the Digital Currency Group, which acquired the media company in 2016 for $500,000. Its new owner i
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork
Ethereum Validator Count Surpasses 500,000 Ahead of Upcoming Shanghai Hard Fork According to statistics, the number of Ethereum network validators on the Beacon chain exceeded 500,
$1 Billion Silk Road Bitcoin Moves for First Time in Five Years
$1 Billion Silk Road Bitcoin Moves for First Time in Five Years At least 69,369 bitcoins, worth about $955 million, were on Wednesday moved from a wallet address
Russian Government Approves Plan to Regulate Cryptocurrency
Russian Government Approves Plan to Regulate Cryptocurrency The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month. T
Rise of the Underdog, Securypto Takes off as Investors Scramble To Get on Board
Rise of the Underdog, Securypto Takes off as Investors Scramble To Get on BoardThe time of ICO’s seems behind us and many blockchain projects have fallen off the grid but one
Japan’s Top Messaging App LINE Launches Marketplace With 40,000 NFTs
Japan"s Top Messaging App LINE Launches Marketplace With 40,000 NFTs Japan’s top social network and messaging app, LINE, has launched a marketplace for non-fungible tokens (
Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin
Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin Tesla and Spacex CEO Elon Musk has asked his Twitter followers whe
Patrick McHenry accuses Gary Gensler of misleading US lawmakers over Ether
Turner Wright7 hours agoPatrick McHenry accuses Gary Gensler of misleading US lawmakers over EtherThe chair of the U.S. House Financial Service Committee alluded to claims in Consensys’s recent lawsuit against the SEC,