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Newegg now lets you buy PC parts with meme cryptocurrency Dogecoin

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Today Dogecoin holders rally at the inception of DogeDay—coinciding completely coincidentally with International Weed Day. On this day, green candles are sure to overtake the cryptocurrency's stock charts, and how perfectly timed it is that tech giant, Newegg, has announced the ability for users to pay with Dogecoin (opens in new tab).

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Newegg was actually one of the first companies to start accepting Bitcoin, and the turn toward Dogecoin is no surprise—since the start of April, Dogecoin share prices have shot up from almost $0.06 to $0.4, that's over a 640 percent increase in a single month. And it all started as a joke.

The rise of Dogecoin is due in large part to the intervention of one Mr. Elon Musk. With every tweet he sends out involving the memerific pupper, a surge of green stock chart candlesticks are sure to follow. Honestly, the man only has to sneeze and Dogecoin goes up in value.

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Sr. Brand Manager of Newegg, Andrew Choi, outlines the company's stance in a press release (via WCCFTech (opens in new tab)). He notes that “the excitement and momentum around cryptocurrency are undeniable, and the recent surge in Dogecoin value underscores the need to make it easier for customers to make purchases with this popular cryptocurrency.

“We’re committed to making it easy for our customers to shop however works best for them, and that means letting them complete transactions with the payment method that suits them best. To that end, we’re happy to give Dogecoin fans an easy way to shop online for tech.”

Despite all the pushback from companies like Nvidia (opens in new tab) trying to put miners off our precious gaming GPUs, cryptocurrency continues to stir up the market. It's announcements like this that give mining companies ever more excuses to buy up all the GPUs (opens in new tab) before a potential hash rate limiting refresh hits the 30-series. And with more companies buying into it, we're just going to have to accept this is the state of things in 2021.

We're likely to see more companies embracing the success of the cryptocurrency market as we move into the future. Great news if you have any to spend, but that doesn't mean you're any more likely to land a GPU in the current stock crisis. Seriously, guys, save some for the rest of us.

Katie Wickens
Katie Wickens

Screw sports, Katie would rather watch Intel, AMD and Nvidia go at it. Having been obsessed with computers and graphics for three long decades, she took Game Art and Design up to Masters level at uni, and has been demystifying tech and science—rather sarcastically—for two years since. She can be found admiring AI advancements, scrambling for scintillating Raspberry Pi projects, preaching cybersecurity awareness, sighing over semiconductors, and gawping at the latest GPU upgrades. She's been heading the PCG Steam Deck content hike, while waiting patiently for her chance to upload her consciousness into the cloud.