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22.09.202111:24 Forex Analysis & Reviews: AMC Entertainment may accept Dogecoin as payments

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Exchange Rates 22.09.2021 analysis

AMC Entertainment CEO Adam Aron asked Twitter users on Tuesday if the movie theater chain should add Dogecoin to the list of cryptocurrencies it will accept as online payments: "I sincerely want to hear your opinion, via this Twitter Poll. By year-end 2021, AMC will take Bitcoin, Etherum, Litecoin and Bitcoin Cash for online payments. I hear from many on my Twitter feed we should accept Dogecoin too. Do you think AMC should explore accepting Dogecoin? "

Aron confirmed last week that in addition to Bitcoin, AMC will accept Ethereum, Litecoin and Bitcoin Cash as online payments by the end of this year.

The Twitter poll garnered nearly 10,000 responses within 20 minutes of posting, of which over 70% favored adding Dogecoin.

But even though the responses were positive, it did not influence the movement of Dogecoin, so it continued to fluctuate around 19-21 cents yesterday.

Nevertheless, many analysts believe that the price is undervalued and will demonstrate growth by 4-6 cents this week. Then, by the end of this year, it will fluctuate between 35-45 cents.

Andrey Shevchenko
Analytical expert of InstaForex
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