Bitfinex listed DOGE pairs for margin trading, users can use Dogecoin to purchase Major League Baseball tickets
According to the Twitter account, Oakland A’s – Official Twitter of the nine-time World Series champion Athletics – fans can now use Dogecoin to buy tickets to see the MLB Oakland Athletics team meeting the Toronto Blue Jays this month. It seems that this news plus the “Dogefather” news Elon Musk’s appearance on Saturday Night Live (SNL) this weekend caused Dogecoin price to go up sharply today.
The Oakland Athletics – depicted in the 2011 box office hit and true story “Moneyball” – first became active in the crypto space in March after they started selling full-season access to six-person suits for 1 BTC.
Join us at the ballpark as the Blue Jays roll into town!
Two-seat pods in the Plaza Infield are available for 100 Dogecoin for the series.
— Oakland A’s (@Athletics) May 3, 2021
Fans can use Dogecoin to purchase Major League Baseball tickets to see the Oakland Athletics this month
Oakland A is currently offering pairs of plaza infield tickets for 100 DOGE from May 3 until May 6. Two local plaza tickets usually go for about $ 80 total, but with Dogecoin’s price is around $ 0.48 today, fans will be able to get their own 46% discount if they buy tickets with DOGE.
The team is accepting payments via Bitpay and will issue digital tickets through the MLB Ballpark app.
Major Bitfinex exchange spreads the word of listing Dogecoin pairs for margin trading
As Elon Musk’s favorite meme cryptocurrency, DOGE, is gaining traction in the crypto community and getting pumped by billionaire Mark Cuban, one of the leading crypto exchanges, Bitfinex, has announced that Dogecoin is now available for margin trading on the platform.
Margin trading for @dogecoin pairs is now available on Bitfinex!
#dogecoin pairs (DOGE/USD), (DOGE/USDt) can be traded with a maximum leverage of 3.3x, an initial margin of 30% and a maintenance margin of 15%.
— Bitfinex (@bitfinex) May 4, 2021
The following pairs with DOGE have been added for margin trading: DOGE/USD and DOGE/USDT. Trading started at 9:00 a.m. UTC. On Monday, DOGE surged to fifth place on CoinMarketCap, surpassing Twitter social media giant by market cap value.
This news marks further evidence of the growing frenzy surrounding Dogecoin. According to data from CoinGecko, Doge now has a market cap of more than $ 57 billion – $ 500 million higher than the $ 52 billion capitalizations of the top stablecoin Tether (USDT). Although believed to have no intrinsic value, Doge has surpassed the market cap of mainstream giants like Honda Motor Co. at $ 52.9 billion, Ford Motors at $ 46 billion, and Twitter at $ 43 billion.
Ironically, just before Dogecoin became a mainstream hit, Dogecoin founder Billy Markus sold his entire Doge stock in 2015 for the same price as a used Honda Civic.
Dogecoin’s price has risen this month, possibly supported by a plethora of mainstream companies looking to capitalize on DOGE’s cult position to promote snacks and confectionery. DOGE is up 663% over the past 30 days. Over the past 24 hours, $ 11 million worth of Doge was changed hands, pushing the price up 10% to about $ 0.48.
You can see the DOGE price here.
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