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Movie Theater Giant AMC Now Accepts Dog-Themed Meme Coins Shiba Inu (SHIB) and Dogecoin (DOGE), According to CEO

by Daily Hodl Staff
March 11, 2022
in Altcoins

The chief executive officer of movie theater chain AMC says that the cinema giant is finally going to accept crypto meme assets Shiba Inu (SHIB) and Dogecoin (DOGE) as payment options.

AMC CEO Adam Aron took to Twitter to tell his 243,000 subscribers that the company is adding dog-themed tokens to the list of cryptocurrencies it is currently accepting as methods of payment.

“Your replies just might break the internet, given your clear enthusiasm and interest in cryptocurrency. As promised, the AMC theaters website now accepts Dogecoin and Shiba Inu for online payments! A special shout out to BitPay for helping us to make this happen.”

In October, the CEO conducted a poll asking his followers whether or not AMC should begin accepting SHIB as a payment option. Out of the 135,664 tallied votes, an overwhelming majority of 86.5% said that the movie theater retailer should accept the meme coin.

Before that, Aron conducted a similar poll in September asking if AMC should accept DOGE as payment as well. After over 75% of those who responded said yes, AMC swiftly took action and allowed customers to load up gift cards with Dogecoin and use them to purchase select products just a few weeks later.

Now, both of the popular dog-themed altcoins have joined the list of digital assets accepted by the cinema chain.

The cryptocurrencies accepted by the movie theatre chain include top crypto asset by market cap Bitcoin (BTC), Bitcoin Cash (BCH), leading smart contract platform Ethereum (ETH), and BTC alternative Litecoin (LTC).

Dogecoin is exchanging hands at $0.115 at time of writing, an 8.7% decrease from its seven-day high of $0.126. Shiba Inu is trading for $0.000022, a 12% decrease during the same timeframe.

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