Dogecoin, which started as a 'joke' famous for dog memes is now the main choice for business owners, accepting payment transactions using the cryptocurrency.
At Williamsburg Pizza in New York, and University Sports Grill in Arizona, customers can pay for food using Dogecoin.
Business owners are attracted to Dogecoin because of the fast transaction speed and low fees charged for each transaction made.
For example, using Dogecoin costs less than a cent, compared to higher fees with Bitcoin.
Elon Musk and Mark Cuban are among Dogecoin's most famous supporters, with the Cuban basketball team Dallas Mavericks accepting the currency for their merchandise.
Although Dogecoin started as a light meme, its appeal now lies in its community-driven support and practicality (fast and easy payment process) in small transactions.
Additionally, Dogecoin is increasingly popular for remittances due to its fast transaction processing time and low cost, compared to traditional banking methods.
Despite concerns about volatility and safety, the currency continues to grow.
With businesses like Williamsburg Pizza developing specific payment processors for Dogecoin, it's clear that this memecoin is carving out its niche in the cryptocurrency world.
