It’s the most wonderful time of the year for Dogecoin (CCC:DOGE-USD) enthusiasts, as well as Dogecoin prices. #DogeDay is upon us, and investors are looking to bulk up the price of their favorite dog-faced crypto. Joining DOGE die-hards today are a number of brands looking to partner with the “much wow” digital currency.
The improbable ad-libbed holiday has been getting lots of cosigns recently. With the token’s valuation jumping up in value comes the white-hot social media buzz. Predictably, a number of brands are looking to cash in on it.
One of the earliest to the meme-coin bandwagon was Conagra (NYSE:CAG) brand Slim Jim. The meat stick monolith has been tweeting in support of DOGE since early 2021. The odd couple’s romance blossomed into a quasi-partnership, with Slim Jim even shouting out the crypto in its last earnings call. And today, on #DogeDay, Slim Jim is making good on its promise of a Doge-themed meat stick snack:
— Slim Jim 🚀 (@SlimJim) March 9, 2021
Other Brands Look to Cash In on Rising Dogecoin Prices
With the obvious success of Slim Jim riding on the back of the goodboi, other brands have sought out their piece of the pie. And, as a result, they are contributing to rise of Dogecoin prices.
In the same realm of gas-station treats, DOGE has found an alliance with Snickers and Milky Way. The two candy bar brands have tweeted in favor of #DogeDay, and Snickers had gone so far as to photoshop a Doge-themed Snickers wrapper. Although, much to the disappointment of Doge fans, rumors of a real-life Doge-bar have been squashed.
Crypto exchange Webull has taken the social media hype as a cue to include it on its platform. The platform had conducted Dogecoin beta tests through the weekend, and is rolling out the option to all Webull users today in celebration.
And as Dogecoin prices continue to inflate, the coin is getting love within the retail world. Where trailblazers like Mark Cuban had offered Dogecoin as a payment option on his NBA e-retail site, more brands are joining in. Electronics retailer Newegg announced its own Dogecoin payment option on the holiday. Even airlines are beginning to offer Dogecoin payments, with Latvian airBaltic setting the precedent. The company has been allowing crypto payments since 2014, but is now allowing DOGE-heads to fly with their favorite token.
On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article.