![]() SpaceX founder and CEO, Elon Musk also liked his Tweet. Several users have now picked up this announcement and have also responded to the Tweet shared by Adam Aron. After receiving an overwhelming response for accepting DogeCoin, it was almost certain that the company is going to start accepting this currency. ![]() It is not shocking to see AMC Theater announce such a thing because Aron had already held a poll on his Twitter asking his following if AMC should explore accepting DOGE. The information was confirmed after Adam Aron shared a post on his official Twitter confirming the above-mentioned news. Users are now eligible to buy digital gift cards worth $200 per day using Dogecoin. But the recent updates confirm that the company is going to start accepting Dogecoin. The company had already started accepting payments in Bitcoins a long time ago. The company is also going to accept popular cryptocurrencies for online ticket purchases and concession payments very soon. Recent updates from the CEO of AMC Theaters, Adam Aron confirms that they will start accepting Dogecoin using Bitpay. Related Article | Russia Said SWIFT Ban Could Be Tantamount To A Declaration Of War Feature image from Glassdoor, chart from TradingView.Several multinational companies like Tesla, Amazon, Virgin Galactic and many more have started accepting payments in cryptocurrencies. In a recent meeting, AMC also announced its plans to enter the world of non-fungible tokens and talks with Hollywood studios to create NFTs tied to influential films. ![]() Meanwhile, Aron has completely embraced AMC’s support on cryptocurrency, telling investors that the business is looking towards developing its cryptocurrency soon. The new payment mechanism appears to be well-received by moviegoers, as it already accounts for 14% of the company’s total online transactions. BitPay extended support for Shiba Inu back in 2021. During checkout, consumers can pay in Dogecoin and other desired cryptocurrencies. On Monday, Aron tweeted, “Bitpay will be live for AMC online payments on our website by March 19, and live on our mobile apps by April 16, possibly a few days earlier.” Crypto lovers can now go to the Vancouver-based meat firm’s website and order an array of meat products from local farmers. The company also announced that it would look into employing Shiba Inu. ![]() AMC’s Crypto PlansĪMC Theatres began accepting Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) as payment methods last November. Nevertheless, AMC Theatres’ support for Bitpay payments will finally result in bullish trends for Shiba Inu and Dogecoin. The two memecoins have had a long and challenging journey in the cryptocurrency market. The memecoin had a low of $0.00002361 and highs reaching $0.00002644 presently, it has a market capitalization of around $14 billion. SHIB is currently priced at $0.00002618, up by 8.87% since yesterday. With positive news about Dogecoin and Shiba Inu’s new prospect, Dogecoin started strong today at $0.1332 with a 7.75% increase it had highs of $0.1340 and lows of $0.1315, with a market capitalization of $17 billion. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March. I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. Since AMC has been a pioneer in crypto acceptance and currently accepts Dogecoin as payment for gift cards through a partnership with Bitpay, full support for Dogecoin and Shiba Inu payments is not far off since it is the “people’s crypto.” The company’s next step has received a lot of clamor and attention from the Crypto Twitter community.ĭOGE total market cap at $17.44 billion in the daily chart | Source: Along with Shiba Inu, AMC’s cooperation with Bitpay will allow the company to support three more cryptocurrencies: Bitcoin Cash, Litecoin, and Ethereum.
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