Dogecoin for AMC Movies?

In what is the latest in the continuous acceptance of various forms of cryptocurrencies in the entertainment industry, AMC Entertainment is now on the verge of accepting Dogecoin as a payment option.

This possibility of the move became evident following an opinion poll conducted online by the company’s CEO, Adam Aron.

Earlier in the year, the company had announced that it would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment.

After news of this move surfaced online, members of the Dogecoin online community began to demand for the addition of DOGE to the list of crypto options.

The companys CEO then took to his twitter account where he conducted an opinion poll asking members of the community whether the company should add the meme coin to its crypto options.

The poll, which ends on September 22nd, has garnered a lot of responses, with majority calling for the inclusion of the meme crypto.

As of press time, the poll has seen 110,000 votes, with 70 percent responding positively to the idea of DOGE payment, while 8 percent also agree but say they would not use the meme coin for payment. Meanwhile, 22 percent of the voters are not in support of the motion.

Aron’s survey comes as the cryptocurrency market is experiencing massive price dumps, along with the global financial markets, mostly tied to the Evergrande saga. Bitcoin, which traded at $48k over the weekend, dropped to as low as $40k, with the price of other altcoins also plummeting. However, there has been a slight recovery.

Dogecoin is currently the 10th largest crypto by market capitalization and reached an all-time high (ATH) of over $0.7 back in May. Now, though, its down to roughly $0.2 according to data from CoinMarketCap.

Views and opinions expressed are solely those of the author and not of The DeChained or any affiliated party. Views or opinions expressed in this article (or any article on the website) are not financial advice. Articles are for informational purposes only. The author and The DeChained may hold positions in assets discussed in this or other articles.
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