SoftBank-backed travel booking platform grows with Dogecoin payments ($ DOGE)
SoftBank-backed travel booking platform GetYourGuide has announced its expansion in the United States, having sold more than 45 million tours in 170 countries. It is launched with a Dogecoin (DOGE) payment option.
According to a press release, GetYourGuide’s expansion to the United States will allow travelers across the country to “maximize every trip with a wide selection of experiences verified by our local experts in the country’s top tourist destinations.”
The platform is available in 14 different languages ââand offers 40 currency payment options, including DOGE payments through BitPay. Speaking to CryptoGlobe GetYourGuide CMO, Emil Martinsek, said the memes-inspired cryptocurrency was the company’s first foray into crypto, adding:
Doge has some advantages like speed and transaction costs, but we don’t plan on stopping there as we continue to help clients go beyond a year of virtual – videoconferencing, streaming, currencies, short positions – to physical and unforgettable things to do.
The move comes after DOGE’s price jumped 4,000% in a year, in part thanks to celebrities like Musk, Kiss frontman Gene Simmons, billionaire Mark Cuban, Snoop Dogg and others who tweeted jokes about it, fueling its growth.
The cryptocurrency hit an all-time high of $ 0.74 last month, but crashed along with the larger cryptocurrency market. The memes-inspired cryptocurrency was created in 2013 as a joke, but its community is notorious for facing up to philanthropic projects, which included assistance to charities.
Looking at his price chart, a pseudonymous cryptocurrency analyst and bitcoin bull predicted that Dogecoin’s price is “programmed” to dip to $ 0.05 and that even Tesla CEO Elon Musk would be unable to. to save. His prediction is based on a head and shoulders pattern.
GetYourGuide was backed by SoftBank in a $ 484 million fundraising round in 2019 and raised an additional $ last year133 million thanks to a funding round led by US private equity firm Searchlight Capital. The funds were raised in the form of a convertible note.
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing in or trading cryptoassets carries a risk of financial loss.
Featured Image Via Unsplash