Dogecoin (DOGE) finds its way into Major League Baseball

By: Ali Raza
Ali Raza
Ali plays a key role in the cryptocurrency news team. He loves travelling during his spare time and enjoys… read more.
on May 4, 2021
  • Oakland Athletics have added Dogecoin as a payment option after adding Bitcoin earlier this year.
  • Dogecoin was launched as a joke in 2013, but it has become one of the most widely used cryptocurrencies.
  • DOGE has seen an increased rise in popularity after gaining support from Snoop Dog and Elon Musk.

Dogecoin’s popularity has continued to grow, as it has attracted the attention of a Major League Baseball team. Oakland Athletics announced on Twitter that it will start selling pairs of tickets for 100 units of Dogecoin (DOGE).

President of the baseball team, Dave Kaval, stated that the team has already processed transactions using the meme-based coin. According to him, it’s the first time a Major League Baseball team is accepting Dogecoin as a means of buying match tickets.

Dogecoin’s increased use for transactions

Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today.

The increased use of Dogecoin for transactions has been somewhat remarkable, to say the least. The token was launched as a joke, bearing the image of the Shiba Ino dog, generally known as Doge online.

But it has become one of the most widely used tokens, especially when it comes to transactions. It also has a long list of supporters, including rapper Snoop Dog and Tesla co-founder Elon Musk. The token surged by 25% on Tuesday, hitting a new all-time high of $0.48302.

Oakland A stated that it wants to sell two-seat pods in the plaza Infield for 100 Dogecoin for upcoming games on May 6.

Based on the current price of Dogecoin, the ticket would be worth about $48 if the price stays that way. This means fans who pay with Dogecoin will be paying lesser than those who pay with fiat currency for the ticket.

Bitcoin payments already used at Oakland A

Fans have been asked to fill out a form so they could be reached by the ticketing representatives on the payment process through BitPay.

Although this is the first time Oakland A will be allowing ticket payments through with Dogecoin, it’s not the first time it has welcomed crypto payments into its platform. Earlier in March, the team opened its balance sheet to receive ticket payments in Bitcoin.

Invest in crypto, stocks, ETFs & more in minutes with our preferred broker, eToro
67% of retail CFD accounts lose money