Dogecoin, the meme-based cryptocurrency, has seen a surge in popularity and adoption on payment processor BitPay.
BitPay, one of the largest crypto payment processors, revealed that Dogecoin is the fourth most popular cryptocurrency used on the platform.
This could lead to a potential increase in the coin’s value and utility.
Additionally, the Dogecoin price is currently on track to break out of resistance at its 50-day Exponential Moving Average of $0.07203. With a market capitalization of nearly $10 billion, Dogecoin continues to be a popular choice among cryptocurrency users.