Good news for Dogecoin holders: Earn passive income
Lending platform Celsius started to give interest for Dogecoin holding for its users.
Dogecoin is a popular crypto asset. Right now this coin is standing at 10th rank in the crypto industry by market cap. However, the core use case of Dogecoin is nothing but Tesla CEO Elon Musk is trying at their best to push the world toward the Dogecoin use case in the payment system.
On 28 January, popular lending platform Celsius announced on Twitter that every Dogecoin holder now can generate 0.5% to 0.63% per year on their holdings.
— Celsius (@CelsiusNetwork) January 27, 2022
@dogecoin ( $DOGE ) is now supported on Celsius. Earn up to 0.50% APY when earning in-kind, and up to 0.63% when earning in CEL token (Eligible Users, Platinum Status).
*Subject to Celsius’ Terms of Use; Not all coins/services are available in all jurisdictions. pic.twitter.com/AFywkxWFCv
This service will remain available to only those Celsius users, which are holding 25% tokens in Celsius native token CEL.
The Lost Leaf pub accepting Dogecoin
A few days ago, Elon Musk asked McDonald to accept payments in Dogecoin but later McDonald responded and refused to accept the proposal in unique way.
But besides all these, MrBeasts burger invited Elon to give a similar offer for them.
US-based drink pub “The Lost Leaf” announced a few days ago that they are giving free t-shirts to the first three Dogecoin payment users.
The Lost Leaf pub is getting huge support from this community for its decision to accept payments in Dogecoin.
how cool! if i'm ever in phoenix i'll definitely swing by
— Shibetoshi Nakamoto (@BillyM2k) January 28, 2022
At the time of writing this article, the price of Doge is $0.142 and this price is only 0.29% higher over 24 hours. However, this coin is 16% low over its last 30 days.
Read also: Stellar will introduce smart contract feature this year
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