Forget about Bitcoin (for now), Dogecoin is on the up. Dogecoin (DOGE) was born in 2013 by programmer Billy Markus, but never could he have imagined where it would be today. Once created as a fun, meme-inspired coin is now a huge player in the cryptocurrency space – and it’s catapulting into the digital asset area in many niches. Known for fast, low-cost transactions, this humorous coin has grown leaps and bounds – meaning it’s now a standard player in the ever-growing crypto market. Everybody across the crypto world has been talking about Dogecoin in the last month as it’s hovering near its all-time high. It’s gone through a monumental rise in the last year, where it’s almost doubled in value, meaning that it’s now here to steal the spotlight. In light of the current economic times, we’re going to be taking a look at how the online casino space and Dogecoin marry up – and why these two pairings should be your newest obsession.
What Makes Dogecoin Such a Big Deal?
Besides the fact that it has everything we know and love about crypto, AKA – security and speed- it’s also a fun, exciting coin that raked in billions of customers all those years ago.
Those customers have now transformed into evolving adults who are looking to excel in their crypto investments, making Dogecoin a more profitable and exciting coin than ever before. Crypto’s growing influence on the casino world as a whole is extremely notable, as the adoption of blockchain in casinos has leveled up the offerings completely – but Dogecoin has now made it even more intriguing.
But why is Dogecoin even growing?
We all know that the US election resulted in quite a few notable highs and lows in finance, but Elon Musk’s campaign was all about Doge. Because of that and its aftermath, this coin is now going through a mighty transformation – so it’s time to get prepared for when it begins rolling out into the mainstream. As well as these renowned figures chanting about certain financial choices, Dogecoin has a colossal social media power, proving that it’s far more than a meme – buta symbol of power. People across the globe are jumping onto the wagon of Doge at this very moment as we are witnessing an all-time high of Bitcoin, and people are looking to buy into Doge while they still can. So, whilst there’s still time for the average Joe to buy into a user-friendly coin – here’s why it’s perfect for the online casino.
Why Dogecoin is taking over the online casino space
Dogecoin is soaring in popularity, and it’s now becoming a favorite in online casinos. When you’re considering betting online with crypto, there are currently an awful lot of choices to pay with, yet Bitcoin has always taken the cake. Today, Dogecoin and other altcoins are making it just as easy to play online, from wherever you are.
But why?
- Why do we all love crypto as it is? Low fees and fast transactions, of course! One of the main reasons cryptocurrencies are used to bet on the slots is because there are extremely low fees on offer and almost instant transactions. Traditional banking methods can take days, if not weeks to pay out new funds from a casino, however, Dogecoin will now mean that the online casino experience is better than ever.
- More choices of coins: At the moment we have online casinos offering Ethereum or Bitcoin, however with new coins come new opportunities. Dogecoins mean that players have more of an option when scouring the internet, as a lot more casinos now accept this method of payment.
- Bonuses: Yes, there are many cash or card bonuses when playing on the online casino, but new cryptocurrencies always offer new ways to win cash. Think free spins, deposit bonuses, and new promotions for using new coins – this makes online playing easier and cheaper in the long run.
- Community: People are buying into Doge because it has been endorsed by a plethora of influencers and celebrities, making the environment feel extremely positive. Dogecoin’s laid-back meme-driven nature brings a new era to the world online, as it’s a coin known for being relaxed and playful – as opposed to others available. This attracts players who are looking for exciting ways to bet, without them taking themselves too seriously.
While we are witnessing a huge growth spurt in Dogecoin, we can clearly see that it is nowhere near where it will end up. The future is bright for this coin, and the way in which it will continue to grow is only on the up. Bringing this coin into the casino space is a match made in heaven as the gambling world is supposed to be lighthearted and dun, and this now does exactly that.
