Dogecoin Bounds Onto 1,800 ATMs in the US

CoinFlip told CoinDesk DOGE has become a symbol of the small retail investor.

AccessTimeIconMar 2, 2021 at 9:19 a.m. UTC
Updated May 9, 2023 at 3:16 a.m. UTC

Fans of the popular canine-themed cryptocurrency dogecoin can now make purchases at 1,800 ATM locations in the U.S.

According to a Tuesday tweet by ATM provider CoinFlip, DOGE can now be purchased with cash across its network, as the company makes the most of DOGE's surging popularity.

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  • DOGE was launched in 2013 and quickly grew in popularity thanks to its cute Shiba Inu logo and meme-loving community.

    More recently, it has been endorsed by big names including Elon Musk, Snoop Dogg and rocker Gene Simmons – with prices soaring as a result. DOGE has also been wrapped up in the recent "meme trading" craze that saw social media groups pump stocks such as GameStop (GME).

    "CoinFlip has always been about the small business and retail customers, and with recent events, dogecoin has paradigm-shifted itself into more than just a meme coin, it has become a symbol of the small league investors," a spokesperson for CoinFlip told CoinDesk via email.

    CoinFlip ATMs already offer customers access to bitcoin, litecoin, ether, dash, komodo, chainlink, stellar and tron.

    The firm's network has rapidly expanded from around 451 machines in February 2020 to around 1,800 today. The company told CoinDesk it intends to grow that number to over 4,000 by year's end.

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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


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