Dogecoin can be traded at 1,800 ATMs in the United States

U.S. citizens can now buy Dogecoin in 45 of the 50 US states using 1,800 Coinflip ATMs.

According to the Telegraph, Coinflip, the provider of Bitcoin ATMs, announced on Monday, March 1, that the Dogecoin digital currency is now available through 1,800 ATMs across the United States.

Daniel Polotsky, CEO and co-founder of Coinflip, said the move was in line with Dodge Quinn’s “widespread popularity and acceptance.”

Dogecoin prices have risen significantly over the past month. This came after Ilan Musk, founder of Tesla Automotive and SpaceX, released an image of a rocket flying toward the moon with the words “Dodge”.

Two days later, Musk, the world’s second richest man, followed the hot market for Dogecoin with a poll. He asked in the poll whether Dogecoin would be the future currency of the planet; 71.3% of the 2.4 million participants responded positively.

Mark Cuban, owner of the Dallas Mavericks at the National Basketball Association, joined the debate on February 8. “Iqbal’s interest in this digital currency is” not a bad thing for the industry, “he told Forbes magazine.

Cuban said:

[Dogecoin] gives people a better chance of winning than lottery tickets, while at the same time educating people about supply and demand and introducing them to encrypted assets. I really like this currency as the cheapest economic education tool available, which also entertains.

Some users have speculated that the rise in the price of Dogecoin is not entirely natural. They believe that the 85% jump in price by the / WallStreetBets group in Reddit occurred after the GameStop controversy subsided.

On February 1, a few days after the GameStop controversy, Gene Simmons, the leader of the Kiss band, told his followers on Twitter that he intended to buy Dogecoin and several other cryptocurrencies. Following these statements, the price of Dogecoin experienced a 40% increase.

Coinflip has seen astronomical growth in demand over the past 12 months, and the company’s revenue has tripled from last year, from 441 ATMs in January 2020 to about 1,800, compared to last year.

Coinflip ATMs are launched in 45 of the 50 US states and use other cryptocurrencies such as Bitcoin, Ether, Baines Coin (BNB), Dash (DASH), Light Coin (LTC), Link (LINK), USDC Coin (USDC). And supports Stellar (XLM).